Families will be an average of £891 worse off from next week because of tax rises and cuts to tax credits and benefits introduced since 2010, according to new figures.
Tony Dolphin is the chief economist at the IPPR and a regular contributor to The Guardian and New Statesman. During the autumn statement last month, George Osborne claimed that the UK economy was slowly on the mend; however, the latest data indicates the opposite may be true, despite the economic expansion in the third quarter (Q3) of 2012. It is looking [...]
Today’s inflation statistics presage what will be one of the few positive economic stories this year, writes the Resolution Foundation’s James Plunkett.
James Plunkett, secretary to the Resolution Foundation’s Commission on Living Standards, looks at the story of the recession, for the UK and the world.
The Scottish finance secretary is expected to criticise the UK government’s public service pension reforms and outline the SNP’s reform plans, reports Ed Jacobs.
Posted in Sustainable Economy
Also tagged Danny Alexander, Dave Prentis, finance secretary, general strike, homelessness, liberal democrat, Pensions, Shelter Scotland, Treasury, unemployment, Unison, Westminster
Average UK living standards are in their first prolonged decline since the late 1920s. Most attribute this to the recession, but its roots go back a lot further.
The Resolution Foundation’s Gavin Kelly and Matthew Whittaker look at whether squeezed households will really borrow more to prop up living standards.
As was widely expected, annual inflation increased again last month; there is, however, a big question over how accurately these figures capture the extent of the price increases in different households.
As is often the case, one fails to really get to grips with the impact of changes on living standards if one doesn’t fairly compare households of different sizes.
Following yesterday’s growth figures, James Plunkett argues that just ‘waiting it out’ is unlikely to deliver a cure to the sluggishness of the British economy.