Budget 2014: OBR Chart Shows Brits' Wages Won't Rise For Years

Here's Why Osborne's Budget Won't Help Most Britons
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Britain's Chancellor George Osborne poses for the media with the traditional red dispatch box outside his official residence at 11 Downing Street in London, as he departs to deliver his annual budget speech to the House of Commons, Wednesday, March 19, 2014. (AP Photo/Kirsty Wigglesworth)
ASSOCIATED PRESS

George Osborne's Budget may have been aimed at helping the "doers" in Britain, but the government's independent forecaster does not expect working Britons to see their wages start to rise after inflation for the rest of the decade.

According to the Office for Budget Responsibility, real wages are predicted to keep stagnating for the rest of the decade in an indication that the growth in workers' pay packets will remain subdued.

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At the same time, a poll for the Edelman PR agency found that 50% of the general population do not think that the Budget will affect their standard of living.

Over a third of Britons said that they expect austerity to last for three to five more years. However, in good news for George Osborne, most Britons (23%) said they trusted the Tories to manage the economy, while the Lib Dems were the least trusted - at just 7%.

George Osborne and his big red box
The Chancellor George Osborne Prepares To Give His Budget To Parliament(01 of21)
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LONDON, ENGLAND - MARCH 19: The Chancellor of the Exchequer George Osborne holding the budget box stands with his Treasury team (2nd L-R) Commercial Secretary to the Treasury Lord Deighton, Financial Secretary to the Treasury Sajid Javid, Economic Secretary to the Treasury Nicky Morgan, Chief Secretary to the Treasury Danny Alexander and Exchequer Secretary to the Treasury David Gauke (R) outside Number 11 Downing Street on March 19, 2014 in London, England. The Chancellor of the Exchequer will deliver his Budget statement to Members of Parliament in the House of Commons later. (Photo by Oli Scarff/Getty Images) (credit:Getty Images)
BRITAIN-FINANCE-ECONOMY-GROWTH-BUDGET(02 of21)
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British Chancellor of the Exchequer George Osborne poses for pictures holding the budget box outside 11 Downing Street in London on March 19, 2014, as he prepares to unveil the government's annual budget to parliament. Osborne will spell out his government's spending plans for the coming year on March 19, with another dose of austerity likely to be offset by some tax perks. AFP PHOTO / LEON NEAL (Photo credit should read LEON NEAL/AFP/Getty Images) (credit:Getty Images)
The Chancellor George Osborne Prepares To Give His Budget To Parliament(03 of21)
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LONDON, ENGLAND - MARCH 19: The Chancellor of the Exchequer George Osborne holding the budget box outside Number 11 Downing Street on March 19, 2014 in London, England. The Chancellor of the Exchequer will deliver his Budget statement to Members of Parliament in the House of Commons later. (Photo by Oli Scarff/Getty Images) (credit:Getty Images)
The Chancellor George Osborne Prepares To Give His Budget To Parliament(04 of21)
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LONDON, ENGLAND - MARCH 19: The Chancellor of the Exchequer George Osborne holding the budget box stands with his Treasury team outside Number 11 Downing Street on March 19, 2014 in London, England. The Chancellor of the Exchequer will deliver his Budget statement to Members of Parliament in the House of Commons later. (Photo by Peter Macdiarmid/Getty Images) (credit:Getty Images)
BRITAIN-FINANCE-ECONOMY-GROWTH-BUDGET(05 of21)
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British Chancellor of the Exchequer George Osborne poses for pictures while holding the budget box outside 11 Downing Street in London on March 19, 2014, as he prepares to unveil the government's annual budget to parliament. Osborne will spell out his government's spending plans for the coming year on March 19, with another dose of austerity likely to be offset by some tax perks. AFP PHOTO / CARL COURT (Photo credit should read CARL COURT/AFP/Getty Images) (credit:Getty Images)
The Chancellor George Osborne Prepares To Give His Budget To Parliament(06 of21)
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LONDON, ENGLAND - MARCH 19: The Chancellor of the Exchequer George Osborne (L) holds the budget box as his Treasury team (R) cross Downing Street on March 19, 2014 in London, England. The Chancellor of the Exchequer will deliver his Budget statement to Members of Parliament in the House of Commons later. (Photo by Peter Macdiarmid/Getty Images) (credit:Getty Images)
The Chancellor George Osborne Prepares To Give His Budget To Parliament(07 of21)
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LONDON, ENGLAND - MARCH 19: The Chancellor of the Exchequer George Osborne (L) leaves Number11 Downing Street holding the budget box in front of Chief Secretary to the Treasury Danny Alexander on March 19, 2014 in London, England. The Chancellor of the Exchequer will deliver his Budget statement to Members of Parliament in the House of Commons later. (Photo by Oli Scarff/Getty Images) (credit:Getty Images)
The Chancellor George Osborne Prepares To Give His Budget To Parliament(08 of21)
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LONDON, ENGLAND - MARCH 19: The Chancellor of the Exchequer George Osborne holding the budget box outside Number 11 Downing Street on March 19, 2014 in London, England. The Chancellor of the Exchequer will deliver his Budget statement to Members of Parliament in the House of Commons later. (Photo by Oli Scarff/Getty Images) (credit:Getty Images)
The Chancellor George Osborne Prepares To Give His Budget To Parliament(09 of21)
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LONDON, ENGLAND - MARCH 19: The Chancellor of the Exchequer George Osborne holds the budget box outside Number 11 Downing Street on March 19, 2014 in London, England. The Chancellor of the Exchequer will deliver his Budget statement to Members of Parliament in the House of Commons later. (Photo by Peter Macdiarmid/Getty Images) (credit:Getty Images)
BRITAIN-FINANCE-ECONOMY-GROWTH-BUDGET(10 of21)
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British Chancellor of the Exchequer George Osborne poses for pictures while holding the budget box outside 11 Downing Street in London on March 19, 2014, as he prepares to unveil the government's annual budget to parliament. Osborne will spell out his government's spending plans for the coming year on March 19, with another dose of austerity likely to be offset by some tax perks. AFP PHOTO / CARL COURT (Photo credit should read CARL COURT/AFP/Getty Images) (credit:Getty Images)
BRITAIN-FINANCE-ECONOMY-GROWTH-BUDGET(11 of21)
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British Chancellor of the Exchequer George Osborne poses for pictures holding the budget box outside 11 Downing Street in London on March 19, 2014, as he prepares to unveil the government's annual budget to parliament. Osborne will spell out his government's spending plans for the coming year on March 19, with another dose of austerity likely to be offset by some tax perks. AFP PHOTO / LEON NEAL (Photo credit should read LEON NEAL/AFP/Getty Images) (credit:Getty Images)
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British Chancellor of the Exchequer George Osborne walks out of 11 Downing Street in London on March 19, 2014, as he prepares to unveil the government's annual budget to parliament. Osborne will spell out his government's spending plans for the coming year on March 19, with another dose of austerity likely to be offset by some tax perks. AFP PHOTO / CARL COURT (Photo credit should read CARL COURT/AFP/Getty Images) (credit:Getty Images)
BRITAIN-FINANCE-ECONOMY-GROWTH-BUDGET(13 of21)
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British Chancellor of the Exchequer George Osborne poses for pictures holding the budget box outside 11 Downing Street in London on March 19, 2014, as he prepares to unveil the government's annual budget to parliament. Osborne will spell out his government's spending plans for the coming year on March 19, with another dose of austerity likely to be offset by some tax perks. AFP PHOTO / CARL COURT (Photo credit should read CARL COURT/AFP/Getty Images) (credit:Getty Images)
The Chancellor George Osborne Prepares To Give His Budget To Parliament(14 of21)
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LONDON, ENGLAND - MARCH 19: The Chancellor of the Exchequer George Osborne leaves Number 11 Downing Street holding the budget box on March 19, 2014 in London, England. The Chancellor of the Exchequer will deliver his Budget statement to Members of Parliament in the House of Commons later. (Photo by Oli Scarff/Getty Images) (credit:Getty Images)
BRITAIN-FINANCE-ECONOMY-GROWTH-BUDGET(15 of21)
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British Chancellor of the Exchequer George Osborne poses for pictures holding the budget box outside 11 Downing Street in London on March 19, 2014, as he prepares to unveil the government's annual budget to parliament. Osborne will spell out his government's spending plans for the coming year on March 19, with another dose of austerity likely to be offset by some tax perks. AFP PHOTO / LEON NEAL (Photo credit should read LEON NEAL/AFP/Getty Images) (credit:Getty Images)
BRITAIN-FINANCE-ECONOMY-GROWTH-BUDGET(16 of21)
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British Chancellor of the Exchequer George Osborne leaves after posing with the budget box outside 11 Downing Street in London on March 19, 2014, as he prepares to unveil the government's annual budget to parliament. Osborne will spell out his government's spending plans for the coming year on March 19, with another dose of austerity likely to be offset by some tax perks. AFP PHOTO / LEON NEAL (Photo credit should read LEON NEAL/AFP/Getty Images) (credit:Getty Images)
BRITAIN-FINANCE-ECONOMY-GROWTH-BUDGET(17 of21)
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British Chancellor of the Exchequer George Osborne leaves after posing with the budget box outside 11 Downing Street in London on March 19, 2014, as he prepares to unveil the government's annual budget to parliament. Osborne will spell out his government's spending plans for the coming year on March 19, with another dose of austerity likely to be offset by some tax perks. AFP PHOTO / LEON NEAL (Photo credit should read LEON NEAL/AFP/Getty Images) (credit:Getty Images)
The Chancellor George Osborne Prepares To Give His Budget To Parliament(18 of21)
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LONDON, ENGLAND - MARCH 19: The Chancellor of the Exchequer George Osborne holds the budget box outside Number 11 Downing Street on March 19, 2014 in London, England. The Chancellor of the Exchequer will deliver his Budget statement to Members of Parliament in the House of Commons later. (Photo by Peter Macdiarmid/Getty Images) (credit:Getty Images)
BRITAIN-FINANCE-ECONOMY-GROWTH-BUDGET(19 of21)
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British Foreign Secretary William Hague arrives in Downing Street in London, on March 19, 2014, as members of the media prepare to film and photograph Chancellor of the Exchequer George Osborne later Wednesday as he unveils the government's annual budget to parliament. AFP PHOTO / CARL COURT (Photo credit should read CARL COURT/AFP/Getty Images) (credit:Getty Images)
BRITAIN-FINANCE-ECONOMY-GROWTH-BUDGET(20 of21)
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British Business Secretary Vince Cable (R) arrives for a Cabinet meeting in Downing Street in London, on March 19, 2014, as Chancellor of the Exchequer George Osborne prepares to unveil the governments annual budget to parliament. AFP PHOTO / CARL COURT (Photo credit should read CARL COURT/AFP/Getty Images) (credit:Getty Images)
The Chancellor George Osborne Prepares To Give His Budget To Parliament(21 of21)
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LONDON, ENGLAND - MARCH 19: Kaya Mar holds a painting of George Osborne outside downing street ahead of the Budget on March 19, 2014 in London, England. Later The Chancellor of the Exchequer George Osborne will deliver his Budget statement to Members of Parliament in the House of Commons. (Photo by Bethany Clarke/Getty Images) (credit:Getty Images)