UK & Greece come bottom for wage growth

According to a report by the TUC, real wages have fallen 10 per cent in Britain since the financial crisis, a worse decline than any other advanced country apart from Greece. Real wages – income from work adjusted for inflation – grew by 23 per cent in Poland, 13.9 per cent in Germany and 6.4 per cent in the United States between 2007 and 2015. During the same period, the UK, Greece and Portugal were the only OECD nations that experienced a decline in real wages.

You will find more statistics at Statista

The Cyprus Mail is the only English-language daily newspaper published in Cyprus. It was established in 1945 and today, with its popular and widely-read website, the Cyprus Mail is among the most trusted news sites in Cyprus. The newspaper is not affiliated with any political parties and has always striven to maintain its independence. Over the past 70-plus years, the Cyprus Mail, with a small dedicated team, has covered momentous events in Cyprus’ modern history, chronicling the last gasps of British colonial rule, Cyprus’ truncated independence, the coup and Turkish invasion, and the decades of negotiations to stitch the divided island back together, plus a myriad of scandals, murders, and human interests stories that capture the island and its -people. Observers describe it as politically conservative.