Zero real wage growth in Britain until end of 2018, thinktank forecasts

People should not expect pay rises above inflation this year as the stagnation in wages is set to continue until the end of 2018, according to a leading thinktank. The pay squeeze is likely to get worse before it gets better, with no meaningful recovery in wage packets before the end of next year, the Resolution Foundation found. Real wage growth is expected to be zero over the course of 2018 as a whole, meaning the pressure on living standards is set to continue.
Read more: https://www.theguardian.com/money/2017/dec/27/zero-real-wage-growth-britain-end-2018-forecasts?source=Snapzu