Pay cuts worst in centuries…

Quote:

This reflects an era of pay stagnation longer than any we’ve seen in centuries. Previous TUC analysis has found that in the twelve years between 2009 and 2021, real weekly pay didn’t grow at all. In the twelve years prior to 2009, it grew by 24 percent (£96p/w).

The super rich are a lot wealthier though so that’s good news.