Cost of Christmas dinner rises nearly three times as fast as Redbridge wages

The cost of a Christmas dinner has risen nearly three times as fast as monthly wages in Redbridge over the past two years, analysis suggests.

The Trades Union Congress said a plan must be made to jumpstart the economy as working people struggle to cover costs this Christmas.

Using Office for National Statistics figures on inflation, the Stop the Squeeze coalition estimated the cost of a traditional Christmas dinner has risen 30% over the past two years.

Meanwhile, recent ONS data on wages shows the median monthly income for people in Redbridge has risen 11% from £2,192 in November 2021 to £2,430 last month.

It means the Christmas dinner bill has grown 2.8 times faster than wages in the area.