A top Tory earning £106k after a pay rise has complained he’s “worried about my overdraft” - while Brits suffer the biggest drop in pay in nine years.
Experts said cost of living crisis had “set in” as official figures showed regular pay tumbled 1.8% in the three months to February, after CPI inflation.
The same figure but month-to-month to February shows a drop of 2.1%, the biggest since August 2013, according to the Office for National Statistics (ONS).
