Monday, March 04, 2013

3.2% - Is That All?

Drop: Private sector wages in Europe have fallen faster than almost everywhere else in EuropeBritish wages falling faster than the rest of Europe: Pay drops by 3.2% in two years
Only the Netherlands, Cyprus and Greece fared worse between autumn 2010 and autumn last year after taking account of inflation. Mail.
When inflation is running amok, the thought that buying power has only deteriorated by 1.6% annually against a backcloth of wage freezes - these figures are a joke - and not a very funny one!

Eight Years! I have not forgotten Leah.

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