UK workers suffer biggest wage drop in Europe

12 August 2013

No wonder we feel so skint. We are skint. Brits are officially moth-eaten, pond dwelling losers, earning some of the lowest wages in the EU. Even Spain, which has been hit by severe austerity measures, is doing better than us.


House of Commons figures show that the UK's average hourly wage has dropped by 5.5% since 2010 - which puts us in the bottom four countries along with Portugal, the Netherlands and Greece. Conversely, in Germany and France, everyone is living it up with steins of beer and cheeky absinthes, with wages rising by 2.7% and 0.4% respectively.

With the recent news that British workers will have lost £6660 from their wages by the next election, things are looking grim. Shadow Treasury minister Cathy Jamieson said: These figures show the full scale of David Cameron's cost of living crisis. Working people are not only worse off under the Tories, we're also doing much worse than almost all other EU countries.Despite out of touch claims by ministers, life is getting harder for ordinary families as prices continue rising faster than wages.'

Why aren't we taking to the streets to protest? Well, we would, but we've got to don our tabards and put in another shift at Chicken Cottage.

TOPICS:   Banking   Government   Economy


  • realism101
    Britain's higher flexibility in wages and work practices mean more people are employed. You need to check out the rise in unemployment for European countries along with wages to get a holistic picture. E.g. Greece's youth unemployment just hit 64.9% ignoring that and concentrating on what the 35.1% are getting paid is silly. If Labour are proposing a lowering of household bills by scrapping expensive energy subsidies for solar or wind-power then I'll listen. If they plan tax cuts, e.g. business rates to re-energise our high streets, and pay for it by cutting foreign aid or EU payments, I'll listen. Until we get some valid workable policies from Labour they're selling a bill of goods to believers in unicorns.
  • Jose L.
    Unicorn believers vote.
  • Alex B.
    Further to realism101, one also has to consider what put Germany in the position it's in now. A large part of that was keeping wages under control for many years during the 90s post-reunification, whilst maintaining productivity in the former West and bringing the East up to match. If the UK wants to be more competitive, it needs to be cheaper, or work harder, or work smarter (or some of all three). Doing nothing is not an option.

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