Lancashire workers pay the price of austerity
Wages in Lancashire have dropped by more than a sixth in real terms over the past six years, according to a new survey.
While average earnings in the county have gone up by £848 in the period from 2008 to 2014, the actual trend taking all factors into account has meant a drop of 15.9 per cent - slightly higher than the national figure of 15.1 per cent - says the Annual Survey of Hours and Earnings carried out by the GMB union.
“These figures are a damning and shocking indictment of how the Tories have run the economy and who has benefitted from their time in office,” said Paul McCarthy, GMB’s North West regional secretary. “It is the bankers and financiers first and working people and their families last.”
In Lancashire the average gross pay in 2008 was £23,502. It is now £24,350 - a 3.6 per cent increase over the six-year period. Nationally wages have gone up from £23,167 to £27,271, a 4.1 per cent increase. But in London the average has dropped 3.6 per cent from £37,759 to £36,387 - still £12,000 higher than in Lancashire.
Lowest pay in the UK is in Northern Ireland where average earnings are £21,704. Wales fares almost as badly with £23,258, with the North East close behind on £23,571.