Skip to main content
Workers to miss out on £3,600 in pay this year as wages fail to keep pace with OECD average

WORKERS in Britain will miss out on £3,600 in pay this year due to their wages not keeping pace with the average for so-called developed nations, the TUC warned yesterday.

The country’s abysmal wage growth since 2008’s massive financial crash has resulted in 15 years of pay stagnation, with take-home salaries still down 2.7 per cent on pre-crisis levels, the union body said.

By contrast, real pay growth across the 33 members of the Organisation for Economic Co-operation and Development (OECD) has averaged nearly three times that at 8.8 per cent over the same period.

The 95th Anniversary Appeal
Support the Morning Star
You have reached the free limit.
Subscribe to continue reading.
Similar stories
INVESTMENT WITHELD: Paternoster Square, City of London, on the right with the columns is the new home of the London Stock Exchange / Pic: gren/CC
Features / 31 January 2026
31 January 2026

If the government really wanted to address public finances, improve living standards and begin economic recovery, it would increase its borrowing for investment, argues MICHAEL BURKE

Coins and Scottish bank notes, April 9, 2018
Inequality / 26 January 2026
26 January 2026
Unite the union general secretary Sharon Graham
Economy / 13 November 2025
13 November 2025