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

Pay squeeze is likely to get worse before it gets better, says Resolution Foundation, with pressure lifting late next year

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.

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