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

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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

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

  • Jenny Shorten
    Interesting poll by AP on US election day (reported here https://www.bbc.com/news/articles/c39wz0970eypo) shows issues that mattered as - The economy (39%) ...
  • Margot Wilson
    I really welcome this call for taxing wealth and the interesting points made by Alex Macfie and David Raw. We have everything to gain from fighting inequality a...
  • Judy Abel
    People are not easily fooled. They roughly know what Labour stands for (greater equality, helping the worse off). They roughly know what the Conservatives stand...
  • Tristan Ward
    @David Raw "what happens when the people who are “free to be wealthy” get their wealth by exploiting other people?" I quote from my previous post: "F...
  • Michael Cole
    Freedom and responsibility....