Squeeze on UK wages set to continue until 2022, thinktank warns

Average pay packet will be more than £20 lower than when financial crisis started in 2007, the Resolution Foundation report saysThe average pay packet in Britain in five years’ time will still be more than £20 lower than it was before the start of the financial crisis as the biggest squeeze on wages since the end of the Napoleonic Wars extends well into a second decade, a leading thinktank has warned.The Resolution Foundation said that the downgrade to Britain’s future pr