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“What I am determined to do as PM is to make sure we have an economy with high wages…”

PM Liz Truss, Prime Minister’s Questions

7 September 2022

Facts 

In her leadership campaign, Liz Truss called workers striking for higher wages “militant.” Real wages are falling at a record rate due to inflation. Real wages take into account of inflation whereas nominal wages do not. 

Verdict

Liz Truss may as she said have been determined to “have an economy with high wages” but her policies did little or nothing to advance them. Ministers notoriously prefer to use nominal rather than real terms figures in order to make the numbers look better. Here is another example. 

We emailed Liz Truss’ office offering her the chance to respond. The email was received, but no reply.  

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