Inflation has been remarkably low since 1980 though… and that graph doesn’t mention prices. Theoretically if more is being produced then you don’t need wages to keep up to afford the same luxuries. In fact all the stats I’ve seen shown that we can and do afford a lot more these days
Meanwhile the headline article is saying the exact opposite.
We're not talking about luxuries, we're talking about essentials. A nice iPhone is useless if you can't afford to feed your family or pay your energy bills - which is quite literally the situation many families in the UK are now finding themselves.
