TUC wage study reveals rich-poor divide
The past 30 years have seen those on low to middle incomes face real-terms pay cuts as their earnings have risen by less than the growth in the UK economy, reports the Trades Union Congress (TUC).
In a new report, the TUC notes that the economy expanded by over 100 per cent during the three decades to the start of the recession.
By comparison, low-income earners saw pay rises of 27 per cent, while those on middle incomes had their earnings raised by 56 per cent.
TUC general secretary Brendan Barber says: "Britain has got much wealthier over the last three decades.
"But, while a small financial elite have grabbed an ever-larger share for themselves, many people on low and middle incomes have seen barely any improvement."
In September, the TUC warned that the south-west could be particularly hard hit by proposed government cuts, noting its broad range of incomes and prevalence of low-earners.
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