the trades union congress says we are living through the worst erosion in our spending power since the rate of pay increases, it will take until 2025 to get back to the real wages people had before the crash. that's 17 years, and just too long. using official data, the tuc found that real wages, taking account of inflation, went up by 27% in the decade before the financial crisis in 2008. but, in the last ten years, they've fallen by 4%. it says that the average worker will have lost around £18,500 in real earnings by 2025. the key issue is that the economy hasn't grown, and the economy hasn't grown because productivity hasn't grown. that means the amount we produce with each hour we work is basically the same now as it was in 2008. if we're not producing any more, we are not going to be able to earn any more. in a statement, the government said... real wages — or spending power after we've been paid — are going up, just. unemployment is at a ito—year low. but many people may not feel that much better off. and the people on this march are calling for more secure, better—paid jobs. joe

the trade union congress says we are living through the worst rosing and oui’ living through the worstince the 1800s. >> if we carry on at ...17 17 years, and just too long. real wages went up but in the last ten years, they have fallen by 4%. it says that the average worker will have lost around 18 and a half thousand pounds in real earnings by 2025. the real issue is the economy has not grown in the economy is not good because productivity has not grown. that means the amount we produced is about the same as it was in 2008, and if we are not producing any more, we're not going to be able to earn any more. in the statement, the government says... real wages or spending power after we have been paid are going up — just. unemployment is at a 40—year low, but for many people they may not feel that much better off. for the people on this march, they are calling for more secure, better paid jobs. joe lynam, bbc news, at the tuc march in central london. the foreign office say they're supporting the families of two british nationals who were kidnapped in a national park in the democratic rep

that means our spending power in the shops is going up but, according to the trades union congress, weorer than we were a decade ago. using official data, the tuc found that real wages, which takes account of inflation, went up by 27% in the decade before the financial crisis of 2008 but in the last 10 years, they have fallen by 4%. it says the average worker will have lost around £18,500 in real earnings by 2025. the tuc, which is holding a demonstration in london today, is calling for a new deal for workers and public services. working people are now suffering the longest pay squeeze in 200 years. on average, workers worse off in real terms, £24 a week. and of course it's going to take until 2025 until they get back to where they were before the financial crash. that's pretty shocking. but the government said the new higher national living wage had boosted pay for the lowest earners by £2,000 already. it said that it had cut taxes and was making sure people had the skills they needed to secure high—quality, well—paid jobs. joe lynam, bbc news. paul nowak is the deputy general secreta

power in the shops is going up spending power in the shops is going up but according to the trades union congresscongress, we are still poorer than we were a decade ago. using official data, the tuc found that real wages, which takes account of inflation, went up by 27% in the decade before the financial crisis of 2008 but in the financial crisis of 2008 but in the last ten years, they have fallen by 4%. it says the average worker will have lost around £18,500 in real earnings by 2025. the tuc which is holding a demonstration in london todayit is holding a demonstration in london today it is calling for a new deal for workers and public services. working people are now suffering the longest pay squeeze in 200 years. on average, workers worse off in real terms, £24 a week. and of course it's going to take until 2025 until they get back to where they were before the financial crash. that's pretty shocking. but the government said the new higher and national living wage had boosted pay for the lowest earners by £2000 already. it said that it had cut taxes and was making sure people had the skills th

the trade union c0 ng ress says public service. the trade union congress rate of pay increases it will take until 2025 to get back to the real wages people had before the crash. about 17 years and isjust had before the crash. about 17 years and is just too long. had before the crash. about 17 years and isjust too long. using official data they found real wages was takes account of inflation rent up by 27% in the decade before the financial crisis in 2008 put in the last ten yea rs crisis in 2008 put in the last ten years they have fallen by 4%. this is the average worker will have lost around 18 and a half thousand pounds of real earnings by 2025. the economy has not grown it has not grown because productivity has not grown. he generally work is basically the same now as it was in 2008. breida producing and 90 in game to earn anymore. in a statement government said our new hire living wage has boosted pay for lowest earners at £2000. cutting taxes and make a sure people have the skills they need to a secure high well—paid jobs. real wages or spending power

the trades union congress says workers in britain are experiencing the longest squeeze in real incomesis sending a helicopter that's not much bigger than a tennis ball to mars. the rovercopter is designed for the planet's ultra—thin atmosphere and will be launched in two years. its four blades will spin ten times faster than a standard helicopter. i have decided officially it will be known as the dd copter because it is this big! —— diddy copter. that's a great name. the sort of thing i would travel in. talking of someone growing in stature is kyle edmund. what a fantastic week. he can build on this now. when you beat the likes of novak djokovic and david goffin. kyle edmund says he will take plenty of positives from the madrid 0pen, even though his brilliant run is over. the british number one lost in straight sets to the canadian teenager, denis shapovalov, despite saving a match point in the second set. however, the quaterfinals, was the furthest edmund had gone in madrid and so will break into the world's top 20 next week. and, do not adjust your sets. rafael nadal has lost a match

the general secretary of the trades union congress called may's reluctance an example of her unwillingness beyond her conservative party. the prime minister's spokesman says she meets regularly with industry figures. protesters clashed with police in paris today after french public services were increased to took -- to take to the street to cut 120,000 jobs by 2022. nine unions are seeking higher wages and are denouncing the increasing use of short-term contracts in public services. this is the third nationwide strike of public workers since french president emmanuel macron took power last may. global news, 24 hours a day, on air and at tic toc on twitter, powered by more than 2700 journalists and analysts in over 120 countries. i'm mark crumpton. this is bloomberg. julia: thanks so much, mark. president trump bidding farewell to moon jae-in at the white house moments ago. the two discussed a range of issues including trade tensions with china and the president upcoming summit with north korea's leader kim jen in. kevin cirilli,y bloomberg's chief washington correspondent. great to have yo

but a new study by the trades union congress has found the number of people working remotely for somee years — but now you are back in an office about 90% of the time, why did you make that choice? was it solidly from home? it was. don‘t get me wrong, i would still recommend working from home and i still think it‘s a good thing. i became quite unmotivated, personally. it can get very lonely sometimes. now i work from an office andi sometimes. now i work from an office and i have people that work with me and i have people that work with me andi and i have people that work with me and i allow them to work from home because i still see the benefits. but having them in the office one or two days a week helps add structure to the weak and the workflow as well. it‘s the best of both worlds at the moment. belinda, people will be surprised you can run a law firm without an office. yes, it's a virtual law firm. we are based anywhere in the country. i started it because, not necessarily because i wanted to work from home but i wanted to reduce overheads and to be able to pass on those savings.

yesterday, understand the timing of this, there was a trade delegation led by the congress secretary by wilbur ross meeting with the european unionaris. it's obvious now the talks have appeared to have failed before today's expected talks. the french said they would take all necessary measures to respond. the eu has said previously that it would impose its own tariffs on u.s. products like motorcycles and blue jeans. stephanie? >> i think it was whis clear ke bourbon, if i remember. let's take a history lesson here. if you remember when wilbur ross and peter novarro made their way into the white house and said when hope hicks was leaving saying we're going with the steel and aluminum tariff, they were all enraged and the market dropped. suddenly, wilbur and others said hold on, there are going to be exemptions. we don't want to push against our allies here, obviously, not in canada, mexico and europe. and now here we are, how does the white house continue to make the argument this is about china launching an economic war against the united states, that it's about sbe lek churl property, when we have aluminum and steel tariffs aga

trade with the u.s. and iran. there is some among the europeans as a congress of that, the european union foreign minister has issued a statement saying she fails to see how the american new policy would lead to stability in the region or any way make the region safer from nuclear threat. iranians have been dismissive of the policy. >> thank you, sam. >>> 25 minutes past the hour. investigators are about to be investigated. classified information related to the russia probe will be shown to lawmakers. ahh... summer is coming. and it's time to get outside. pack in even more adventure with audible. with the largest selection of audiobooks. audible lets you follow plot twists off the beaten track. or discover magic when you hit the open road. with the free audible app, your stories go wherever you do. and for just $14.95 a month you get a credit, good for any audiobook. if you don't like it exchange it any time. no questions asked. you can also roll your credits to the next month if you don't use them. so take audible with you this summer... on the road... on the trail... or to the beach. start a 30-day trial and your

renegotiate the north american free trade agreement or nafta the congress secretary saying in fact that those talks took longer than they had hoped and the case of the european union there's been some progress but they did not warrant the discussions in his view in sort of any reason to continue those exemptions any longer so they have slapped these tariffs on the steel aluminum imports into the united states but maintaining that there is no reason to be concerned about a trade war in fact the commerce secretary dismissing those concerns particularly from the u.s. standpoint saying even if there is retaliation this really is going to affect in his view only one percent of the u.s. economy ok kelly thank you very much well let's get the reaction now from london peter shop is there for us peter the europeans very quick to respond to this. well they knew it was coming there was a feeling of depression over the last couple of days in europe with the u.s. commerce secretary not holding out much hope and in the end they got what they had a bad day for world trade said john clune he's the commissioner of the of the european commission which handles and regulates the trad

union with new tariffs on steel and aluminum. are we headed to a trade war? we'll check in. >>> he's a former republican presidential candidate, the current governor of ohio, calling on fellow republicans in congress to revolt against republican leaders and take action once and for all on immigration. governor john kasich joins me next. ordinary stains say they can do the job, but behr premium stain can weather any weather. overall #1 rated, weathers it all. find our most advanced formula exclusively at the home depot. since joining ninehahi, ubmonths ago,o. my priority has been to listen to you... to cities and communities, and to my own employees. i've seen a lot of good. we've changed the way people get around. we've provided new opportunities. but moving forward, it's time to move in a new direction. and i want you to know just how excited i am, to write uber's next chapter, with you. one of our core values as a company, is to always do the right thing. and if there are times when we fall short, we commit to being open, taking responsibility for the problem, and fixing it. this begins with new leadership, and a new culture. and you're going to see improvements to our service. like enhanced bac