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Greater Manchester Mayor Andy Burnham says soaring living costs have pushed families beyond reach of a decent standard of living. Analysis shows average wages lagging at least 15% behind essentials.
The UK economy expanded by 0.8% in Q1 2026, outpacing forecasts and marking the sharpest rise in four years. Analysts cite falling energy costs and increased business investment as key drivers. Households are feeling the pinch, however, with real wages still lagging behind pre-pandemic levels.
Average pay rises have slumped to their weakest level since 2019, official data reveals, signaling a cooling labour market and rising cost pressures for households. Real wages now lag inflation, squeezing living standards across Britain.