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.
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.
The general secretary of the GMB union Paul Kenny has blamed the Government after figures released by the House of Commons showed British workers' wages have suffered one of the sharpest falls in the European Union.
Mr Kenny said: "The Government is directly responsible for this unprecedented fall in the real value of wages in the three years since the election.
"Employers paying low wages get taxpayer subsidies in the form of tax credits to assemble a workforce for them to make decent profit margins."
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