British workers ‘£11,000 worse off a year’ as wages fail to keep up with costs

PA Wire

Britons are £11,000 worse off per year due to 15 years of stalling wages which have failed to keep pace with rising prices, a leading think tank has warned.

The Resolution Foundation (RF) calculated that, had wages continued to grow at the pace seen before the 2008 financial crash, the average worker would make £11,000 more per year than they do now.