A lost 13 years when it comes to wages

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I was playing with some data this morning as a result of some work I am doing on wealth taxes. I looked at data on mean and median wages as a result. This is the latest data from the ONS, to March 2022, all stated in 2022 prices:

That virtual flat line since 2008 is staggering. There is such an obvious inflexion point around then, which can be so easily equated with the arrival of Osborne at the Treasury.

That median wages have risen more than mean wages can only be because of the impact of the minimum wage, in my opinion.

But this is a tale of time lost due to economic mismanagement.

However, it seems Labour has no intention of doing anything about this.

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