Living standards crisis far from over, warns TUC

By agency reporter
March 21, 2018

Commenting on inflation figures releaded by the Office for National Statistics on 20 March 2018, which show CPI inflation down at 2.7 per cent, Frances O’Grady, General Secretary of the Trades Union Congress (TUC)  said: “Britain’s living standards crisis is far from over. Today’s fall in prices may ease the pressure a bit. But working people will still be worse off at the end of this parliament than before the crash.

“The government must up its game. Millions of workers haven't had a proper pay rise in years. Unless ministers invest in the infrastructure and public services needed for better-paid jobs, the UK will remain at the bottom of the league for real wage growth.”

Analysis published by the TUC shows the UK is set have the worst wage performance of any advanced economy in 2018.

* In December 2017 TUC published analysis of OECD forecasts, which found that the UK is set to see real wages fall by 0.7 per cent in 2018, ranking last in a list of 32 countries. The analysis can be read here

*TUC https://www.tuc.org.uk/

[Ekk/4]

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