Sky News: Cost of living – latest: Biggest rise in wages on record – as UK approaches potential turning point in cost of living crisis

4 comments

1. Has any body on the bottom end of the pay spectrum or is it peoples wage rises at the top end driving this ?
   I’m on 23k a year asked for a payrise and was told in no uncertain to terms to fuck off. Mean while my boss has a brand electric BMW delivered….

2. We’ve just received our one for this financial year, the union managed to negotiate 7% (plus a one-off £500 “cost of living” payment for staff on under 40K) so fair play to them that’s actually closer to inflation for once!

3. Just to point out **The Bleeding Obvious** that wage growth has lagged inflation by some considerable distance in the last few years.

   The increase in the cost of food is way bigger than any rise in wages.

   I suspect the hard of thinking will be fooled again…
   Which is the intention of this peoce.

4. > Annual growth in regular pay, excluding bonuses, was 7.8% over the period – the highest rate seen since records began in 2001. Inflation for June was 7.9% – meaning the two are now almost on a par.

   …so real wages fell by 0.1%?