UK workers facing worst wage squeeze 'since Napoleonic wars'

Real wages not expected to return to pre-crisis levels until 2022, warns IFS

Phillip Hammond
(Image credit: Oli Scarff/Getty Images)

Workers in the UK are experiencing the worst period for wage growth since the Napoleonic wars, with the financial crash continuing to cast its shadow over the economy.

Subscribe to The Week

Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

SUBSCRIBE & SAVE
https://cdn.mos.cms.futurecdn.net/flexiimages/jacafc5zvs1692883516.jpg

Sign up for The Week's Free Newsletters

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

Sign up
Explore More
To continue reading this article...
Continue reading this article and get limited website access each month.
Get unlimited website access, exclusive newsletters plus much more.
Cancel or pause at any time.
Already a subscriber to The Week?
Not sure which email you used for your subscription? Contact us