Stop Britain Drifting Into New Living Standards Crisis
Commenting on the latest labour market data published yesterday by the Office for National Statistics - which show real earnings growth at its slowest rate since November 2014, and nominal earnings growth at its slowest rate in five months - TUC General Secretary Frances O'Grady said:
"Workers are facing the double whammy of rising prices and slower pay growth. But Theresa May seems content to leave Britain drifting towards a new living standards crisis.
"Working people in Britain have seen their pay take a proper hammering in the last decade. It's long past time the government took action.
"We need more investment in skills and infrastructure to build strong foundations for better paid jobs. And it's time to scrap the pay restrictions hitting hardworking teachers, nurses and other public servants."
Stop Britain Drifting Into New Living Standards Crisis, 16th March 2017, 16:28 PM