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Incomes have risen 'at a crawl' says think tank

BBC Business LogoBBC Business4d ago

Incomes have risen 'at a crawl' says think tank - BBC Business

Quick Summary:

Typical household incomes went up by just £140 a year on average in the last 14 years, according to the Resolution Foundation.

By contrast, disposable incomes rose 38% over the 14 years up to 2010, the poverty-focused think tank wrote.

The report entitled Hard Times was funded by the Nuffield Foundation, a charitable trust, and used data from the Department of Work and Pensions combined with jobs, pay and housing cost information.


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Article Details

Category: Business

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-06-27 @ 23:19:47 (4 days ago)

News Timezone: GMT +0:00

News Source URL: bbc.com

Language: English

Article Length: 630 words

Reading Time: 4 minutes read

Sentences: 22 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BBC Business

News ID: 21405577

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Main Topics: Business

Official Website: bbc.co.uk

Update Frequency: 5 posts per day

Year Established: 1922

Headquarters: United Kingdom

News Last Updated: 8 hours ago

Coverage Areas: United Kingdom

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Publisher ID: #43

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