Pay rising faster OUTSIDE London as workers in the capital feel the squeeze from the recession, Workers in London have suffered a bigger wage squeeze since the recession than those almost anywhere else in the country, official figures have revealed.
Full-time salaries in the capital have only risen by 6.9 per cent in six years since the recession, according to the Office for National Statistics.
This means London workers have seen their salaries rise by just over 1 per cent a year since 2008 – way below the rate of inflation.
Workers almost everywhere else in the country have seen their pay jump more quickly, with only the West Midlands and North West lagging behind..Read More
Full-time salaries in the capital have only risen by 6.9 per cent in six years since the recession, according to the Office for National Statistics.
This means London workers have seen their salaries rise by just over 1 per cent a year since 2008 – way below the rate of inflation.
Workers almost everywhere else in the country have seen their pay jump more quickly, with only the West Midlands and North West lagging behind..Read More
