Already reeling under the escalating cost of living squeeze, households are facing extra pressure, with the UK pay plunging at the fastest speed since 2010. According to the latest figures released by the Office for National Statistics (ONS), the inflation-adjusted real wages tumbled by 2.6% in the year to April. This was the strongest decline since the 3.3% fall witnessed through the 2010 financial crisis. Know more in this video by Kalkine Media.
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