As the UK economy records 0.6% growth for quarter 2 and the service sector reaches its pre-recession peak should Labour critics now be on the defensive? Or, with workers experiencing the longest fall in real wages for over a hundred years are Osborne and friends living in fantasy land?
For some alternative analysis see:
But in particular:
For a longer term analysis of the implications of a low wage economy on future growth and prosperity pamphlet, download the TUC’s pamphlet How to Boost the Wages Share