UK: Pay rises fail to keep up with the cost of living
Average pay rises are failing to keep up with the rise in the cost of living, the latest official statistics show.
While wages rose in the year to November, they did not rise as fast as prices over the same period.
This meant that average weekly earnings - adjusted for price rises - fell for the first time since July 2020.
"Salaries are growing reasonably strongly, but some people are saying they are not feeling much better due to rising prices," the ONS told the BBC.