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This report examines changes in the distribution of household incomes in the UK, and the determinants and consequences of recent trends. This includes analysing not only changes in average living standards, but also inequality in household incomes and measures of income poverty and deprivation....
Persistent link: https://www.econbiz.de/10011689544
Debates over living standards, poverty and inequality in the UK are often hampered by the fact that official data on household incomes are available only with a significant lag. Currently, the latest statistics are for 2015-16. In this report, we attempt to fill this gap by estimating what has...
Persistent link: https://www.econbiz.de/10011742527
Debates over living standards, poverty and inequality in the UK are often hampered by the fact that official data on household incomes are available only with a significant lag. Currently, the latest statistics are for 2014-15. In this report, we attempt to fill this gap by estimating what has...
Persistent link: https://www.econbiz.de/10011630926
Official data on the distribution of household incomes in the UK are available only with a significant lag: the latest statistics are for 2013-14. In this report, we use modelling techniques to provide a more up-to-date picture and to assess how things are likely to evolve in the coming years....
Persistent link: https://www.econbiz.de/10011439885
It is now around a decade since the financial crisis that triggered the Great Recession of 2008-09. In many respects, the impacts of this recession on the living standards of UK households have been unusually severe. Median household income is now around 15% below its long-run trend, having...
Persistent link: https://www.econbiz.de/10011754482
Persistent link: https://www.econbiz.de/10011430489
How have household incomes evolved since the onset of the financial crisis? How has the gap between rich and poor changed? How have living standards changed over time for different parts of the population? How many people are in poverty and which groups are most likely to face poverty? Each...
Persistent link: https://www.econbiz.de/10011294236
The official statistics on the distribution of income and the extent of poverty in the UK in 2011-12 were released on Thursday 13 June 2013. Using the data underlying these statistics, this report analyses: •the changes in average incomes in the most recent year of data and the period since...
Persistent link: https://www.econbiz.de/10009780261
This report compares and contrasts the economic circumstances of individuals born between the 1940s and the 1970s, currently ages between their mid-30s and mid-70s. In doing so, it aims to provide a sense of the likely economic position of the younger cohorts in later life, in absolute terms and...
Persistent link: https://www.econbiz.de/10010242230
The focus of this report is the distribution of household income in the UK. We assess the changes to average incomes, income inequality and poverty that occurred in the latest year of data (2014-15), and put these in historical context using comparable data spanning the last 50 years. The...
Persistent link: https://www.econbiz.de/10011509052