Tag Archives: Darren Morgan

Britons’ spending capacity is declining at a frightening pace as wages are outstripped by runaway inflation. Regular pay decreased by 3 per cent in real terms in the quarter to June, the most destructive since comparable records started in 2001. Including bonus earnings were down 2.5 per cent. Using the headline CPI inflation rate thatContinue reading “As Inflation Ramps Up, Britons’ Pay Plunges At A Record Rate”