Britons saw wages fall for the first time since 2009 between April and July, despite unemployment falling to 6.4%.
The UK’s economy appears to be rebounding with unemployment reaching a five year low and the FTSE 100 nearing a 14 year high.
The UK economy grew by 1.9% in 2013, the fastest growth rate since 2007, according to the latest figures from the Office of National Statistics (ONS).
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
The latest figures from the Office of National Statistics (ONS) shows little change for the people of Britain with unemployment remaining essentially flat at 7.7%, and inflation of 2.7% outpacing the slow rise in average wages.