Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what recent assessment his Department has made of trends in the levels of pay since 2010.
The level of pay has continually increased since 2010, with average weekly earnings increasing by 20% over this period. Regular wages are currently growing at their fastest pace in over a decade and have outstripped inflation for 11 consecutive months. We’ve just seen another above inflation increase in the National Living Wage, to £8.21, meaning a full-time worker on the NLW will be earning £690 more over the coming year.