Branch Secretary : suz.muna.unite@gmail.com
  

Inflation hits 3.5%

Unite warns of ‘wage squeeze’ as inflation outstrips average earnings

 

Britain’s largest union, Unite warned of a continuing Tory ‘wage squeeze’ not seen since Victorian times as the latest figures out today (Wednesday 17 May), showed the retail price index measure of inflation running at 3.5%, over one per cent higher than average earnings increases.

 

Compared with a year earlier, average weekly earnings in real terms, adjusted for inflation, fell by 0.2% excluding bonuses according to the figures.

 

Longest pay squeeze since Queen Victoria on the throne

 

Commenting Unite general secretary Len McCluskey said: “Working people and their communities are in the grip of the longest pay squeeze since Queen Victoria was on the throne. With no sign of letting up and inflation rising more and more, workers are under constant pressure to make ends meet.

“Empty promises from the Tories and backsliding on minimum wage rates will do nothing to cease this income misery.  

“Working people need a Labour government. Only Labour will boost the minimum wage to £10 an hour and ensure working people can stand tall again by building an economy based on secure, decent jobs.”

 

4% for all

 

With economists projecting a rising inflation rate Unite is campaigning for 4% pay increases in the social housing sector.

 

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