After six years of falling living standards, weekly earnings have finally overtaken inflation, according to the latest data from the Office of National Statistics.
The UK inflation rate, as measured by the Consumer Price Index (CPI) fell to 1.9% in January.
The majority of British workers have seen a real terms increase in their take-home pay over the last twelve months due to rising wages and tax cuts according to Prime Minister David Cameron.
Increases to rail fares of an average of 2.8% have come into effect across the UK, with some commuters with annual season tickets now paying more than £5,000 per year to travel to and from work.
Average earnings for UK workers have risen more slowly than inflation for the fifth year in a row according to the latest figures from the Office of National Statistics