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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    Another example of an increasingly multi polar world. Obviously Iran will be uppermost in people's minds but India Israel Cyprus and Greece have all had recent ...
  • Jana
    Do you think these developments may cause India to move closer to Russia and China? If it does, an alliance of the country with the largest nuclear stockpile, ...
  • Chris Perry
    A wealth tax would increase the income of the Government but not of the lower paid and would be dealing with the symptom and not the cause. In 1980 the average ...
  • Jana
    Very encouraging - let’s hope this is the first signs of an emerging trend...
  • Mick Taylor
    @TristanWard. I have never been Mike my entire life. Please don’t take it upon yourself to unilaterally change my name...