Most British workers have seen their take-home pay rise in real terms in the past year, the government claims.
It has produced figures showing all except the richest 10% saw their take-home wages rise by at least 2.5% once tax cuts were taken into account.Plainly - we are to believe that the richest 10% are the true victims in this economic crisis.
However, what we must never forget is that 2.5% of an awful lot of money = a breathtaking chunk more money. 2.5% of extremely little = not enough to cover one bill, let alone two.
We have had our 1% pay rise pushed through by our employer and it is hard to see how we could ever feel that our pay has increased by 'at least 2.5%'. We are not better off. Instead we have lost. The figures are the same this time round as last time - have a look at the table below and see where you fall.
Visit this blog regularly - we will keep you in touch with the latest strike information.
