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Budget must herald ‘new approach’ to Tories' worst pay stagnation in 100 years, TUC says
Paul Nowak, general secretary of the Trades Union Congress
BRITAIN needs an “investment Budget” said the TUC today after official figures confirmed the Tories oversaw the worst pay growth for any period in the last 100 years.
Median weekly earnings for full-time employees rose by 2.9 per cent in real terms in the year ending in April, Office for National Statistics (ONS) found.
The lower-paid occupations saw the largest increases: the ONS said this can be partly attributed to recent increases in the national minimum wage and national living wage rates.
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