Workers in the UK have suffered the biggest fall in wages among leading countries since the financial crisis, a new study shows. Between 2007 and 2015, wages fell in real terms by 10.4 per cent - a drop equalled only by Greece, according to analysis by the TUC. The fall is the biggest among leading OECD countries, including Portugal, Spain, France, Germany and Ireland, according to the report.
Today's analysis showed that while real wages in the UK fell by 10.4 per cent, earnings in Poland rose by 23 per cent, in Germany they grew by 14 per cent and France by 11 per cent. Across OECD countries, real wages rose by an average of 6.7 per cent. Along with Greece and Portgual, Britain was one of just three countries that saw real wages fall since the 2007 crash.