TUC says real wages are still lower than they were when the financial crisis hit in 2008 [Image: Wiktor Szymanowicz/Barcroft Images].

The economy is failing, Brexit will make it worse, and employers are hogging their takings because Tory government employment policy allows it.

Inflation is increasing and wages aren’t. The exploiters in government and in industry are squeezing you hard.

There is no justification for it. Don’t believe the mealy-mouthed mumblings of the men and women in suits. They have been saying the same nonsense for years and it was never true in the first place.

Sadly there seem to be millions of people who are willing to believe it, though.

Can you afford to let them continue with this mistake?

Britain is set to have the worst wage growth of any wealthy nation next year, ranking behind Italy, Greece and Hungary, according to analysis by the TUC.

The UK is forecast to come bottom from 32 Organisation for Economic Co-operation and Development wealthy nations for wage performance in 2018, according to the study of OECD figures by the unions’ umbrella group.

British workers are expected to see their earnings decrease by 0.7% in 2018 when taking account of inflation, which has surged in the past year as a result of the pound’s weakness since the EU referendum, pushing up the cost of importing food and fuel.

Only two other OECD nations – Spain and Italy – are expected to record negative wage growth, although both still outperform the UK.

In contrast, Hungary is expected to come top for real wage growth next year, with pay set to accelerate by 4.9%. The eurozone is forecast to see growth in earnings of 0.6%.

Source: UK to sink to the bottom of OECD wage growth index in 2018 | Money | The Guardian

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