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15 years of income stagnation leaves families brutally exposed to cost of living crisis with income inequality growing fast

Real typical household disposable income growth for working age families has slumped to just 0.7 per cent a year in the 15 years leading up to the Covid-19 pandemic.

15 years of income stagnation leaves families brutally exposed to cost of living crisis with income inequality growing fast
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This has left households, particularly those in rented accommodation and with young children, brutally exposed to the current cost-of-living crisis, according to new research published today by the Resolution Foundation.

Read more at City A.M.

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