Lowest Paid Stuck In ‘Poverty Trap’ As UK Govt Mulls Fresh £30Bn Austerity Round – 12 November 2014

RT logoBritain’s lowest paid workers are stuck in a “poverty trap” according to a new report, as three out of four are unable to negotiate a real terms pay rise. The report comes as ministers plan a further £30bn worth of spending cuts.

According to research from theResolution Foundation, only a quarter of workers who were receiving low wages in 2001 were able to secure a pay rise in real terms by 2014.

The report also states those stuck on low income only saw their pay packets increase by 3.6 percent, while those on higher pay scales saw increases of 7.5 percent.

“Britain has a long-standing low pay problem, with over a fifth of the workforce in poorly paid jobs,” said the Resolution Foundation’s Deputy Chief Executive Vidhya Alakeson.

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