Ten Things You Need to Know Today: Wednesday 4 Mar 2015

1. WAGES ‘STILL BELOW PRE-CRISIS LEVELS’

The Institute for Fiscal Studies (IFS) says real incomes for those of working age are still below the levels they were at before the 2007 crisis. Living standards have risen more slowly than after other recessions because of weak earnings growth, says the IFS. Only over-60s can expect higher incomes this year.

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