UK workers £11,000 worse off after years of wage stagnation – thinktank

Resolution Foundation analysis suggests UK lagging behind similar economies such as Germany

Workers in the UK are 11,000 worse off a year after 15 years of almost completely unprecedented" wage stagnation that signals a failure of recent economic policy, according to the Resolution Foundation.

The thinktank, which focuses on low- to middle-income households, compared wage inflation before the 2008 financial crash with the pace set since and found that the average worker was losing out by thousands of pounds a year.