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United Kingdom · Question · Written question

HL HL3487

Pay: Inflation

answeredUnited Kingdom· UK Parliament· EN

Introduced

16 November 2022

Last action

22 November 2022 · Answer

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Answered

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Source updated

22 November 2022

Summary

To ask His Majesty's Government what economic assessment they (1) have undertaken, and (2) plan to undertake, regarding the decline in real wages, given the increase in inflation.

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Timeline

  1. 16 November 2022

    Written question

    To ask His Majesty's Government what economic assessment they (1) have undertaken, and (2) plan to undertake, regarding the decline in real wages, given the increase in inflation.

    Source: Lords

  2. 22 November 2022

    Answer

    Nominal total pay growth is strong, 6.0% (including bonuses) in the Q3 of this year. Rising global energy prices exacerbated by Putin’s war, combined with supply chain disruptions stemming from the Covid-19 pandemic, has driven price inflation up in the U...

    Source: Written answer

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