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Re: Just Stop Oil

Tandy
He was simply saying that wages have risen in real terms since the Tories were elected in 2010

How are they in relation to the cost of housing, food, utilities, fuel?

2010: median wage £26100, average house price £180k

2024: median wage £35464, average house price £299000

Compared: Median wages up 35%, house prices up 66%

It depends what you include.

Owner occupier's housing costs aren't included in CPI but the are in CPIH for instance.

'Real terms' means all of the other things you mention are taken into account.

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