Frances O’Grady says this is the worst fall in living standards since Queen Victoria was on the throne
Commenting on the speech David Cameron is due to make today on pay to the British Chambers of Commerce, TUC general secretary Frances O’Grady said: “Since David Cameron became Prime Minister, the average wage is worth £2,500 less a year, the worst fall in living standards since Queen Victoria was on the throne.
“Saying it would be nice if wages went up is no more than pre-election mood music. If elected again his policies would do the opposite. Huge cuts would take spending back to the same share of the economy as in the 1930s. This would depress the economy and mean public sector wages would fall every year. On top of that he would make strikes almost impossible, holding back pay across every sector.”
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