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“Resolution Foundation: Minimum Wage Among World’s Highest, but Weekly Real Wage Growth Only £16 Since 2010”

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June 25, 2024
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Research from the living-standards thinktank, the Resolution Foundation, has revealed that weekly wages in the UK have only increased by £16 in the past 14 years when factoring in inflation. This is a significant slowdown compared to the £145 weekly wage growth seen in the 14 years leading up to 2010. According to the foundation, this stagnation can be attributed to a combination of economic…

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