by Lamiat Sabin

ONLY GREECE has suffered more from austerity that Britain, trade unions charged yesterday as rising inflation and stagnant wages threaten another sharp fall in living standards.

Inflation at 2.3 per cent is higher than wage growth of 2.2 per cent — meaning that people’s pay is worth less in real terms, a nightmare proposition when millions already have to go cap in hand to foodbanks and skip meals to feed their kids.