Thursday, 17 April 2014

VIDEO: End of cost of living squeeze?

Wage increases have finally risen above the rate of inflation, after four years of falling living standards.

Weekly pay, including bonuses, went up by 1.7% in February, according to the Office for National Statistics.

It comes as new figures show that unemployment fell by 77,000 in the three months to February, to just under 2.25 million, a larger fall than expected.

Hugh Pym reports.


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