I used to be taking part in with some knowledge this morning on account of some work I’m doing on wealth taxes. I checked out knowledge on imply and median wages consequently. That is the newest knowledge from the ONS, to March 2022, all acknowledged in 2022 costs:

That digital flat line since 2008 is staggering. There may be such an apparent inflexion level round then, which might be so simply equated with the arrival of Osborne on the Treasury.

That median wages have risen greater than imply wages can solely be due to the influence of the minimal wage, in my view.

However this can be a story of time misplaced resulting from financial mismanagement.

Nevertheless, it appears Labour has no intention of doing something about this.