hello and welcome if you re watching in the uk or around the world. the value of uk wages has fallen at the fastest rate since records began after taking into account the rising cost of living. household budgets are being squeezed by rising food, fuel and energy costs. average pay fell by 3% between april and june, when adjusted for inflation. that means prices are rising at an even faster rate, despite growth in regular pay excluding bonuses. meanwhile, job vacancies continued to increase, although the rate is slowing. the rise in the cost of living has prompted workers and unions across several industries to call for inflation matching pay rises with some, such as rail workers, going on strike. but the government claims the employment figures show the resilience of the uk economy. our business correspondent nina warhurst has more details on those uk job figures. average pay is growing faster than for 15 years but what is crucial at the moment, what everybody watching will
near the pace of inflation. joining me now from somerset is pete lambden, who owns the quicksilver mail pub in yeovil. hi, pete lambden. you have been running this pub for 20 years, what is this period like compared to previous decades? is this period like compared to previous decades? difficult, we have had two or three previous decades? difficult, we have had two or three people previous decades? difficult, we have had two or three people leave, - previous decades? difficult, we have had two or three people leave, good j had two or three people leave, good workers who have been with me for a long time, after the pandemic they were off work, did not work for months and months and found jobs in other areas. the hospitality businesses very difficult to recruit people, i have a fellow at the local hospital who used to be a chef running their kitchens now, he randomly yesterday, do you know anybody who wants to work as a chef,
Yeovil residents applaud as plans for homeless hostel likened to "concentration camp" unanimously refused somersetlive.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from somersetlive.co.uk Daily Mail and Mail on Sunday newspapers.
A37 roadworks already affecting business, say pub owners somersetlive.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from somersetlive.co.uk Daily Mail and Mail on Sunday newspapers.