Real wages suffer biggest drop decade – yet bank boss still thinks people shouldn’t ask for a pay rise, says GMB Union
GMB Union says today’s figures showing real wages dropping as inflation runs rampant could spell disaster for working people.
Gary Smith, GMB General Secretary, said:
“Pay dropping at the same time as inflation runs rampant could spell disaster for too many working people.
“Real wages have suffered their biggest drop for a decade – yet the boss of the Bank of England still thinks people shouldn’t ask for a pay rise.
“The best way to get wages rising is to empower trade unions. GMB is winning above inflation pay-rises for workers all across the country.
“And we need urgent action from the government to help people with the cost of living crisis.”
