Average earnings up a fifth

Time 13 years ago

average earnings up a fifthAVERAGE earnings in the UK have risen by a fifth in five years.

Since 2003, the average full-time wage has risen from £25,939 to £31,500. This is an increase of 21 per cent.

In the same period, retail prices have risen by 18 per cent.

Regionally, average earnings have risen most in London – 24% – since 2003. The smallest increases, 18 per cent, were in the East and Wales.

The country’s highest earners work in the City of London, where the average annual salary is £82,084.

Not only it this 2 and a half times the British average, it is 77 per cent more than the average for Greater London. That’s a mere £46,462…

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