The UK’s capital is gripped in ‘Britain Needs a Pay Rise’ rally that is set to see tens of thousands protesters. Trade Union Congress has called the action to highlight how far the real value of workers’ pay has dropped since the crisis broke out.
The march is mapped through London and will end with a rally in Hyde Park. The TUC says at least 80,000 people are taking part; police have not released their estimates yet.
There will also be marches in Glasgow and Belfast. The protesters are demanding an increase of wages and their fair share in the economic recovery they can see some people enjoying.
The TUC started a vast promotional campaign with ads in social networks, Twitter and YouTube; the unions are demanding higher minimum wages, an increased commitment to the living wage and curbs on excessive executive pay.
“The average worker is £50 a week worse off than in 2007 and five million earn less than the living wage. Meanwhile, top directors now earn 175 times more than the average worker,” O’Grady said.
The New Economics Foundation reports that households had experienced a 15 percent decline in their real incomes over the last year, while the Institute for Policy Research reported that wages had failed to keep pace with inflation since 2008.