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Wednesday, September 13, 2017

UK households 'at breaking point' as real wages continue to fall

Britain’s unemployment rate has hit a new 42-year low, but economists are worried that wages are still failing to keep up with inflation * Fidelity: Household finances at breaking point * UK jobless rate has fallen to 4.3%, lowest since 1975 * But wages only grow by 2.1%, below inflation * Economists: UK productivity is too weak * The key charts 2.10pm BST Here’s our news story on today’s unemployment and wage figures: Related: UK wage rises lag behind inflation despite lowest jobless rate since 1975 1.28pm BST Anger in the streets if Athens boiled over this morning with police firing tear gas at protesting workers from the Canadian-owned Eldorado Gold mine company. Greek gold miners clash with police in Athens as doubt hangs over major investment. Video by @SdrjanTV https://t.co/Bg99DUy0es pic.twitter.com/uQaRsOZrH9 Continue reading...


READ THE ORIGINAL POST AT www.theguardian.com