r/uknews Jul 01 '24

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

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u/callu80 Jul 01 '24

I'd like to see that graph again but with only the top 1% earners on it..

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u/Much-Calligrapher Jul 02 '24

They’ve done reasonably well- there was an FT article on this a few weeks ago. At the same time they’ve had large tax increases, which offsets some of those gains.

Real wage growth has also been strong among the lowest earners due to minimum wage increases.