UK wages in sharp decline
British workers' wages have suffered one of the sharpest falls in the European Union, House of Commons library figures have shown. The average hourly wage has fallen by 5.5% - more than the eurozone crisis-rocked Spain.
Decline in wages puts UK workers in bottom four
Britain is fourth for the sharpest fall in wages in Europe - only Greece, Portugal and the Netherlands have suffered larger declines.
House of Commons library figures show there has been a 5.5% reduction in average hourly wages since mid-2010. It means British workers have felt the squeeze more than those in countries which have been rocked by the eurozone crisis.
Meanwhile, Bulgaria had the biggest increase of hourly wages at 13.2%. Also, Germany saw a 2.7% rise.
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