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Evening Standard
Evening Standard
World
Nicholas Cecil and Jonathan Prynn

Record pay slump as prices rocket

Millions of workers are being hit by the sharpest fall in real wages on record, official figures revealed on Tuesday as Britain plunged deeper into the cost-of-living crisis.

Regular pay, excluding bonuses and taking into account sky-high inflation, nose-dived by 4.1 per cent in the three months to June, compared with a year earlier, according to the Office for National Statistics.

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