Tom Blenkinsop
Main Page: Tom Blenkinsop (Labour - Middlesbrough South and East Cleveland)Department Debates - View all Tom Blenkinsop's debates with the HM Treasury
(12Â years, 9Â months ago)
Commons Chamber
Tom Blenkinsop (Middlesbrough South and East Cleveland) (Lab)
14. What recent comparative assessment he has made of trends in real wages in the UK and in similar economies.
Last year, UK take-home pay was the highest in the G7 and the third highest in the OECD. The best way of raising living standards is to deal with the economic crisis so that families can find work in a growing economy.
Tom Blenkinsop
The United Kingdom now has the highest rate of inflation in the European Union, and has suffered the second largest fall in wages in the G20 since the Government took office. In my constituency, womenâs gross average weekly wages have fallen by ÂŁ12.30 a week since May 2010. Is this a deliberate attack on wages by the Government, or is the Chancellor simply incompetent?
I find it unbelievable that the hon. Gentleman really has the gall to stand up and ask that question. I wonder whether he agrees with his right hon. Friend the Member for Birmingham, Hodge Hill (Mr Byrne), who said:
âFrom 2004 onwards, beneath the miraculous arc of rising average incomes, families on âmedian incomesââmillions of workers grafting as small employers, sales assistants, cashiers, construction and factory workersâwere feeling the strain...people were working just as hard as everâbut were not getting onâ.
That was happening under a Labour Government.