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Salary Survey; Salary in Germany; Eurostat: Wages and labour costs; Eurostat: Minimum wages August 2011; FedEE;Pay in Europe 2010; Wages (statutory minimum, average monthly gross, net) and labour cost (2005) CE Europe; Wages and Taxes for the Average Joe in the EU 27 2009; Moldovans have lowest wages in Europe; UK Net Salary Calculator
Median household disposable income in the UK was £29,400 in the financial year ending (FYE) 2019, up 1.4% (£400) compared with growth over recent years; median income grew by an average of 0.7% per year between FYE 2017 and FYE 2019, compared with 2.8% between FYE 2013 and FYE 2017. [2]
The first regular salary was £400 per year, introduced in 1911. For comparison, average annual earnings were £70 in 1908. [6] Salaries were reduced 10% in the 1930s, during the Great Depression. [1] Some subsequent salary levels were £1,000 in 1946, £3,250 in 1964, £11,750 in 1980, and £26,701 in 1990. [2]
The gross average monthly wage estimates for 2023 are computed by converting national currency figures from the United Nations Economic Commission for Europe (UNECE) Statistical Database, compiled from national and international (the CIS, Eurostat, the OECD) official sources. Wages in U.S. dollars are computed by the UNECE Secretariat using ...
Annual inflation was 9.5% in 1990, 5.9% in 1991, 3.7% in 1992. and 1.6% in 1993. [ citation needed ] Interest rates were stubbornly high initially but declined from a high of 14.8% at the start of the recession to a low of 5.9% by the end of the recession, [ citation needed ] though interest rates were hiked twice during Black Wednesday .
The 1990 United Kingdom budget was delivered by John Major, the Chancellor of the Exchequer, to the House of Commons on 20 March 1990. It was the only budget to be delivered by Major during his tenure as Chancellor, [1] and the twelfth and final budget to be presented by the Conservative government of Margaret Thatcher, who would resign as prime minister later that year. [2]
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The gap between average income and average housing prices changed between 1985 and 2015 from twice an average salary to up to six times average income. Median house prices in London the median house now cost up to 12 times the median London salary. In 1995, the median house price was £83,000, 4.4 times the median income.