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Wage unrest


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Low wages have been in the news this week. There have been protests by workers at McDonald's, TGI Friday and Wetherspoon. And Amazon has raised its minimum wage - but is cutting some benefits at the same time.

Although official figures show that pay is starting increase slightly, Laura Lambie, senior investment director for Investec Wealth, isn't surprised we're starting to see some protests.

She tells Wake up to Money: "If you take into account inflation (also rising) it's not surprising we are starting to see unrest.

"There is a general feeling after many years of low wage growth that we are starting to see dissatisfaction coming through."

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