The Trader 

Market Outlook: British wages stagnate

The Trader

A report published today by the Institute for Public Policy Research noted that gains in British GDP have largely been funnelled into greater corporate profits while wages have stagnated for the longest time in 150 years.  Ask the Japanese people about this.  Their labour cash earnings in the year to July (reported this morning) dropped by 0.3 per cent and have been in negative territory for most of the last 20 years.

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