Sunday, August 11, 2013

Stewards

Getting so much better all the time. Austerity rocks!
The value of UK workers' wages has suffered one of the sharpest falls in the EU, House of Commons library figures show.

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 hit by the eurozone crisis. Spanish workers's wages dropped by 3.3% over the same period and in Cyprus salaries fell by 3% in real terms.