Is everyone accepting a real world pay cut?
https://news.sky.com/story/cost-of-l...-show-12518827
https://news.sky.com/story/cost-of-l...-show-12518827
Official data published on Wednesday is expected to show inflation in December remaining close to the 5.1% level reached the month before.
It is expected to hit 6% in coming months - which would be the highest level for three decades - as the impact of an expected energy bill hike in April bites.
ONS data shows that the last time Britain last saw a real terms fall in wages was in mid-2020 as earnings were affected by the coronavirus pandemic, with many on furlough or working reduced hours.
It is expected to hit 6% in coming months - which would be the highest level for three decades - as the impact of an expected energy bill hike in April bites.
ONS data shows that the last time Britain last saw a real terms fall in wages was in mid-2020 as earnings were affected by the coronavirus pandemic, with many on furlough or working reduced hours.
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