the biggest losses have been in areas including the london borough of redbridge, epsom and waverley,n north wales, the study indicated. our economics correspondent dharshini david joins me now with the details. the tuc saying this is the worst pay squeeze in centuries. what do they mean? it is a grim warning. not what you want to hear when you are thinking about spending at christmas but it comes just after we were told prospects in the jobs but it comes just after we were told prospects in thejobs market but it comes just after we were told prospects in the jobs market had never been better. what is going on? we can look at the figures because we heard 32.5 million people in work. pray —— pay growth, 3.2%. but thatis work. pray —— pay growth, 3.2%. but that is what is happening now and if you look at the past decade, the tuc says that pay rises failed to keep pace on the whole with the cost of living which means people are in effect worse off in real terms and living standards are lower and the worst affected the likes of london. people fare, £20,000 worse off than they would have b