UK workers are near the bottom of the wage-growth table compiled by the TUC, says the Independent. The average wage across 112 countries rose by 2.3 pc per year in the period 2008 – 2015. Meanwhile UK workers saw their wages fall by 1 pc. Great Britain comes 103rd in the table, ahead of the West Bank, Greece, Kenya and Iran and far behind France, Germany and Sweden. The lack of wage growth, coupled with soaring inflation, is likely to mean that many Brits find their disposable income will be squeezed to the point of non-existence. ‘[If the Government is] serious about the post-Brexit economy working for everyone, both decent wages and quality work must be the destination,’ said the TUC.
A proposed merger between the London Stock Exchange (LSE) and its German equivalent, Deutsche Börse, is likely to fail due to anti-trust measures put in place by Brussels, the Guardian reports.
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