Real terms average pay lower in most UK local authorities than in 2008, TUC finds
Updated: 2024-04-28 21:30:14
Union body says austerity is to blame for longest squeeze on wages since Napoleonic era with most ‘wage black spots’ in LondonPay packets are smaller than they were in 2008 in most local authority areas in the UK, according to analysis by the Trades Union Congress, which described the findings as a “damning indictment” of the Conservatives’ economic record.The TUC, which includes 48 unions with more than five million members, said stagnating wages meant British workers were in the midst of the longest squeeze on wages since the Napoleonic era. Continue reading...
For the first time, government military spending increased in all five geographical regions, Sipri thinktank finds</pGlobal military expenditure has reached a record high of $2440bn (£1970bn) after the largest annual rise in government spending on arms in over a decade, according to a report.The 6.8% increase between 2022 and 2023 was the steepest since 2009, pushing spending to the highest recorded by the Stockholm International Peace Research Institute (Sipri) in its 60-year history. Continue reading...