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Three out of four Britons fear the cost of living will continue to outpace wage growth

A new survey shows the depth of concern over economic insecurity

By Atif Shafique  

Photo: Philip Toscano/PA Wire/PA Images

This is the decade where our economy has broken records—for all the wrong reasons. It is set to be the worst ten-year period of productivity and pay growth for over two hundred years. To compensate, British households recently became net borrowers for four successive quarters—the first time since records began in 1987. There are now more people in poverty in working households than workless ones. The historic link between GDP growth and wage growth has severed; so too the link between employment growth…

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