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UK strike disruption highest since 2011 in December, as real pay keeps falling – business live

843,000 working days were lost because of labour disputes in December, the highest since November 2011.

  • Full story: Nearly a million days lost to strikes in December in UK

Almost a million working days were lost to strikes in December as real-terms pay growth last year dropped at among the fastest rates for more than 20 years, my colleague Richard Partington reports.

The figures from the Office for National Statistics add to the squeeze on households amid the cost of living crisis.

“It’s encouraging to see that more people are moving into work, as we know that being in employment is the best way to deliver financial security, skills and confidence.

“We’ve also made huge progress for everyone looking to boost their earnings or land a new role, with the employment rate increasing and more people joining payrolls.

“Britain has huge potential – but 13 years of the Tories has left real wages down, families worse off, and our economy lagging behind on the global stage.

“The government needs to stop sitting back and following this path of managed decline.

Continue reading…

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