Property News · November 18, 2015

UK workers' pay up by nearly 2% in biggest rise since financial crash


Median gross full-time annual income climbs to £27,600, but most of extra cash going to London and south-east England, says ONSBritons enjoyed a rise in earnings of almost 2% in the past year after near-zero inflation boosted take-home pay by the biggest margin since the financial crash.Confirming that the UK’s long pay squeeze has come to an end, workers secured a 1.8% rise in average annual earnings in the year to April. This figure went up to a real increase of 1.9% after being adjusted for inflation, the Office for National Statistics (ONS) said, as it published an annual survey of hours and earnings (Ashe). Continue reading…

Source : theguardian.com
Read more…UK workers’ pay up by nearly 2% in biggest rise since financial crash

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