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Britons facing ‘disastrous decade' - report
11 days ago - By RT
Households will get poorer and pay more tax over the coming years, a think tank projects
Real wages in the UK will not return to their 2008 level until 2026 despite an easing of inflation, the Resolution Foundation, an independent think tank, reported this week in its analysis of the new budget.
According to the report , the country is on track for a “disastrous decade” of stagnant incomes and high taxes, with cuts to public services.
The publication highlighted that real wages fell at an annual rate of 3.9% in January, noting that the bigger picture for wages is “one of long-term pay...
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