Allister Heath
Media playback is unsupported on your device

Economy: 'National pay' cut hitting UK says Heath

16 May 2012 Last updated at 12:05 BST

Britain has been going through a "national pay cut" with most people not having a rise in two years, the City AM editor said.

Allister Heath said people's real-term income was falling by about 2% a year, which was hurting the economy.

But he also said official figures showed the eurozone has been outperforming the UK, with Germany as a powerhouse but other nations were "in crisis".


More clips and news on our BBC website; 'like' us on Facebook; follow us on Twitter