Cost of Living: UK wage stagnation costing British workers £11,000 per year according to BBC Panorama
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BBC Panorama shared research that shows the cost of fifteen years of wage stagnation on British workers
New figures from the Resolution Foundation think tank have revealed that UK wage stagnation costs British workers £11,000 per year. The research which focused on low-to-middle income households was exclusively revealed with BBC Panorama.
While this study looks at the effect of wage stagnation over 15 years it also acknowledges the cost of living crisis noting that in recent months, wages have failed to keep up with rising costs, meaning that millions of Britons have, in effect, had a pay cut.
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