CUTTING NHS waiting lists and youth training schemes will help the stagnating economy, the TUC said after official figures released today showed a fall in real wage growth.

The Office for National Statistics (ONS) revealed that year on year regular wage growth had slowed to 5.4 per cent  — its lowest for more than two years — over the three months to June.

This was down from 5.7 per cent in the previous three months and meant workers saw an average increase of 2.4 per cent, taking inflation into account.