ONS data | Cost-of-living crisis sees workers' pay plummet

Regular pay is falling at the fastest rate in more than a decade, piling more pressure on workers amid the cost-of-living crisis.

New data from the Office for National Statistics (ONS) shows that between February and April 2022, pay excluding bonuses was down 2.2% from a year earlier when adjusted for inflation.

When factoring in bonuses, pay narrowly outpaced the huge price rises being felt across the nation, rising by 0.4% when taking inflation into account.

Sam Beckett, head of economic statistics at the ONS, said a "high level of bonuses" was continuing to "cushion the effects of rising prices on total earnings for some workers".