Tag Archives: living standards

Resolution Foundation Report on Autumn Budget

Britain is on course for the longest period of falling living standards since records began in the 1950s, according to a report by the Resolution Foundation.

The think tank found that under plans set out by Philip Hammond in the Budget yesterday, the poorest third of households are set for an average loss of £715 a year by the end of the Parliament, while the richest third will gain an average of £185.

Liberal Democrat Leader Vince Cable commented:

This analysis exposes the reality of Britain’s economic future under this Conservative government.

The squeeze on pay and living standards is set to carry

Posted in News | Also tagged and | 7 Comments

Falling living standards are a problem of Labour’s making

Making use of the slowest news month of the year, the Labour party has released details of a report which (shock horror) has shown that living standards have fallen as a result of the financial crisis and subsequent recession.

Of course, they don’t put it quite like that, choosing to blame the coalition rather than the bust they promised would never come. Here’s Chris Leslie, Labour’s shadow financial secretary to the Treasury (presumably Balls is on holiday…):

David Cameron will go down in history as a disastrous Prime Minister for people’s living standards. He is totally out of touch, his economic policies

Posted in Op-eds | Also tagged and | 40 Comments
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Recent Comments

  • Tom Bailey
    The Manchester Evening News was part of the Burnham fan club, and so, never delved too deeply in Andy Burnham & his wife’s relationship with public funds....
  • Matt Wardman
    Iain Thank-you for your comment, and the extra detail ! I know Manchester reasonably well - I live on the dry side of the Pennines and have had a habit of...
  • Matt Wardman
    I think a key question is the capability of Local Government, in its starved-for-20-years state, to deliver. It is currently well on the way to being a gutted c...
  • David Warren
    @David Raw I don't agree with the draconian laws introduced by the Thatcher government that allow union funds to be seized and campaigned vigorously against ...
  • Roland
    @Peter Martin - " but it does raise the question of why there is so little UK involvement in the sector." ...