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| Average pay falls by another £300 in a year, says TUC | Average pay falls by another £300 in a year, says TUC |
| (about 5 hours later) | |
| Average annual pay in Wales is still falling, down by more than £300 last year, the Wales TUC has claimed. | Average annual pay in Wales is still falling, down by more than £300 last year, the Wales TUC has claimed. |
| It said research showed that since 2010 full-time employees had lost over £2,200 a year - more than £40 a week. | It said research showed that since 2010 full-time employees had lost over £2,200 a year - more than £40 a week. |
| Top bosses can earn the average annual salary in less than two days, and the gap was growing, the Wales TUC added. | Top bosses can earn the average annual salary in less than two days, and the gap was growing, the Wales TUC added. |
| General Secretary Martin Mansfield said despite falling inflation it would take "years" for people's earnings to recover to pre-recession levels. | General Secretary Martin Mansfield said despite falling inflation it would take "years" for people's earnings to recover to pre-recession levels. |
| The research takes the official Annual Survey of Hours and Earnings from the ONS and adapts it to take account of inflation. | |
| The Wales TUC said average pay for workers in Wales fell by 8.3% in real terms between 2010 and 2014 , broadly similar to the UK average percentage fall. | The Wales TUC said average pay for workers in Wales fell by 8.3% in real terms between 2010 and 2014 , broadly similar to the UK average percentage fall. |
| Research by Income Data Services shows that directors of leading companies in the FTSE 100 index saw their average earnings grow by 40% in 2013/14, with their middle income standing at £2.4m. | |
| THE UK PICTURE | |
| REGIONAL DIFFERENCES | |
| The Wales TUC say average inflation-adjusted earnings have fallen in Wales by £2,217 since 2010. | |
| According to the ONS, that figure for Wales earnings is £473.40 per week compared to a UK figure of £518. | |
| London topped the regional list for median earnings for full-time employees, at £660 per week. | |
| The table above shows this but ONS has also produced an interactive map if you want to look at what the average earnings are where you work. | |
| In Cardiff for example, the median full-time earnings are £500 per week but they are £436 in Blaenau Gwent. | |
| Meanwhile, business leaders say wages are finally starting to pick up. | |
| The CBI in its latest forecast out on Monday said wage growth is expected to reach 3.0% by the end of 2016. |