Half of British workers had real-terms pay cut in 2020, study says

Half of British workers had real-terms pay cut in 2020, study says:

Resolution Foundation suggests official figures showing growth ‘hugely disrupted’ by furlough scheme

Half of British workers had a real-terms pay cut in the year to autumn 2020, despite official figures showing the fastest earnings growth in almost two decades, research by the Resolution Foundation suggests.

The thinktank said official figures on average weekly earnings had been “hugely disrupted” by the large number of workers furloughed, and that the headline rates were “too good to be true”.

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