Britain’s largest union, Unite warned of a continuing Tory ‘wage squeeze’ not seen since Victorian times as the latest figures out today (Wednesday 17 May), showed the retail price index measure of inflation running at 3.5 per cent, over one per cent higher than average earnings increases.
Compared with a year earlier, average weekly earnings in real terms, adjusted for inflation, fell by 0.2 per cent excluding bonuses according to the figures.
Commenting Unite general secretary Len McCluskey said: “Working people and their communities are in the grip of the longest pay squeeze since Queen Victoria was on the throne. With no sign of letting up and inflation rising more and more, workers are under constant pressure to make ends meet.
“Empty promises from the Tories and backsliding on minimum wage rates will do nothing to cease this income misery.
“Working people need a Labour government. Only Labour will boost the minimum wage to £10 an hour and ensure working people can stand tall again by building an economy based on secure, decent jobs.”
For further information please contact Unite head of media and campaigns Alex Flynn on 020 3371 2066 or 07967 665869.
Notes to editors:
• Unite is Britain and Ireland’s largest trade union with over 1.4 million members working across all sectors of the economy. The general secretary is Len McCluskey.