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Daily Mirror
Daily Mirror
Politics
John Stevens

Wages suffer biggest hit in almost half a century as prices spiral

This year has been the worst for real wage growth for nearly half a century, it has been warned.

The TUC said once the rising cost of living is taken into account, wages have fallen by 3% in 2022.

It is the biggest drop since 1977 and the second worst on record since 1945.

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