Investor Presentaiton

Trends in pay - relative deterioration across Valleys, partly offsetting (reflecting?) the improvement in employment: Valleys LAs: Wages (UK =100) (ranked on level 2013-15) 100 95 90 90 85 80 75 70 65 60 55 50 Bridgend Caerphilly Wales Neath Port Valleys (incl Talbot Rhondda Cynon Taf Torfaen Merthyr Blaenau Tydfil Gwent Note: Average gross weekly earnings, workplace based, Source: ONS NPT & Bridgend) 1997-99 2013-15 11

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