UK workers suffer sharp wage fall

Updated
wages UK
wages UK

The value of UK workers' wages has suffered one of the sharpest falls in the European Union, House of Commons library figures have shown.

The 5.5% reduction in average hourly wages since mid-2010, adjusted for inflation, means British workers have felt the squeeze more than those in countries which have been rocked by the eurozone crisis including Spain, which saw a 3.3% drop over the same period and Cyprus, where salaries fell by 3% in real terms.
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