Excerpts from article:
...In a symbolic moment, the Office for National Statistics said pay packets adjusted for inflation are worth more than they were before the 2008 crash.
...Sarah Coles, a personal finance analyst at Hargreaves Lansdown, said: 'We lost a dozen years of wage growth to the financial crisis, but we're finally emerging from the other side - pay is now higher than it was back in March 2008.'.
...Millions of workers who managed to hang on to their jobs endured a pay freeze, or meagre pay rises in the years after the financial crisis.
...'Workers are, on average, nearly £150 a week worse off than if the pre-crisis pay growth had continued.
...Average total pay packets including bonuses are still 3.7 per cent short of pre-financial crisis levels.
Submitted 1527 days ago
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