Working people in every region of the UK are significantly worse of in real terms since 2010, according to figures from the Labour Party.
Working people in every region of the UK are significantly worse of in real terms since 2010, according to figures from the Labour Party.
London, Yorkshire and the Humber, the North West, Wales and the East of England have seen the biggest falls.
The figures come ahead of an opposition day debate on living standards, economic growth and the deficit in which Labour will say that the government has failed to meet the goals it set in 2010.
Labour’s shadow chief secretary to the treasury Chris Leslie said that “far from delivering rising living standards, working people are now over £1600 a year worse off under this government”.
“Instead of securing the recovery in 2010 we’ve had three damaging years of flatlining. And we’ll need 1.5 per cent growth every quarter between now and the election simply to catch up all the lost ground since 2010,” he added.
The below table shows the change in real average earnings in each region and nation of the UK between 2010 and 2012
Region/nation | Weekly change (£) | Annual change (£) | % change |
London |
-£42.30 |
-£2,200 |
-7.5 |
Yorkshire & The Humber |
-£33.10 |
-£1,721 |
-8.1 |
North West |
-£32.40 |
-£1,685 |
-7.8 |
Wales |
-£32.10 |
-£1,669 |
-8.0 |
East |
-£32.10 |
-£1,669 |
-7.0 |
South West |
-£32.00 |
-£1,664 |
-7.8 |
West Midlands |
-£29.80 |
-£1,550 |
-7.2 |
Scotland |
-£27.30 |
-£1,420 |
-6.4 |
East Midlands |
-£27.00 |
-£1,404 |
-6.5 |
South East |
-£26.30 |
-£1,368 |
-5.5 |
North East |
-£23.10 |
-£1,201 |
-5.8 |
Northern Ireland |
-£18.50 |
-£962 |
-4.8 |
14 Responses to “Coalition sees average earnings fall in every part of the UK”
vjfvjgfjthyujuyuuk
This of course has nothing to do with millions of immigrants driving down wages at all. Time to wake up
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mactheanti
Are you seriously expecting credibility for your post when quoting the Express newspaper?
tangentreality
The fact that the cost of living has gone up has very little to do with the Coalition’s fiscal policy, which is by and large very similar to what Labour would have had to do had they retained office. The increase in the cost of living is primarily attributable down to high inflation, which the CPI and RPI measures do not fully reflect. Inflation has been driven by the Bank of England’s deliberate policy of QE, which has expanded the money supply dramatically over the course of the last 5 years. Labour have been complicit with this.
You can’t really blame the Coalition when it’s not really their policies that have had the biggest impact. The policy which has done that is one which Labour have tacitly agreed with.
John
You want to stop migration entirely? You’d better have a retirment plan in another country. In 60 years there’ll be only 3 people of working age to support each OAP. Or worse with rising age-lengths.
And you can forget about state pension; no way will there be money for that. With or without immigration.
Cole
So we should blame the bankers for screwing up the world economy. And of course the City provides about half of the funding of the Conservative Party.