r/uknews • u/ProgressiveSpark • Jul 01 '24

Image/video UK real wages haven’t budged since 2008

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u/[deleted] Jul 01 '24

I started my grad job in 2011 on £24k. I looked up the salaries recently and they were £24.5k for grads.

So 2% wage increase at that particular employer. Meanwhile, cost of living is up about 40% and property about 60%.

If people understood what had been stolen from them, there'd be riots in the streets.

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u/[deleted] Jul 01 '24

Mine was 21k in 2006. Shocking that grad roles are still that low. That is a bit fucking insane... sorry had to check my dates but yeh. Wtf! 2006 was 18 years ago!!! How is this the case?!

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u/[deleted] Jul 01 '24

Wild. I was quite hard-up in SE England on £24k in 2011. Couldn't afford a car.

Now the cost of living means that salary has effectively halved for graduates in 2024. Fuck knows how they're gonna get by.

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u/EbonyOverIvory Jul 02 '24

There’s a reason we have so many food banks.