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U.K. Workers Need 8% Pay Rises To Beat Living Standards Crunch

  • Poorest earners need double digit pay rises, analysis shows
  • Figures heap pressure on U.K. government to provide support
A stall holder serves a customer with fresh fruit and vegetables at a market stall in Croydon, Greater London on Jan. 17.

A stall holder serves a customer with fresh fruit and vegetables at a market stall in Croydon, Greater London on Jan. 17.

Photographer: Chris Ratcliffe/Bloomberg

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British workers will need pay rises of 8% on average this year to offset the living standards squeeze from higher energy bills, tax rises and broader inflation if the government does nothing to help.