UK risks return to pay squeeze, says thinktank

Resolution Foundation predicts rising prices and stalling of jobs growth will hit real earnings next yearThe UK faces the risk next year of a return to the squeeze in real pay suffered earlier in the decade as higher prices and a stalling of jobs growth puts living standards under pressure, a thinktank has warned.The Resolution Foundation – which concentrates on the living standards of those on low to middle incomes – said 2015-16 had been the fastest year of real wage growth since 2