Living standards 2025 outlook ‘hardly cause for celebration’, says UK thinktank

Source link : https://www.mondialnews.com/2024/12/27/living-standards-2025-outlook-hardly-cause-for-celebration-says-uk-thinktank/

Household incomes to stagnate or fall but will be offset by better public services, says Resolution FoundationHousehold incomes will stagnate or fall next year but the chancellor, Rachel Reeves, will be hoping people feel better off as a result of improvements to public services, a leading thinktank has said.The Resolution Foundation calculated a new measure of “real living standards” that took into account both disposable income and the “in-kind” benefits of public services. Continue reading…

Source link : https://www.theguardian.com/politics/2024/dec/27/living-standards-outlook-2025-uk-resolution-foundation-ifs

Author : Rowena Mason Whitehall editor

Publish date : 2024-12-27 05:00:04

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The post Living standards 2025 outlook ‘hardly cause for celebration’, says UK thinktank first appeared on MondialNews.

Author : MondialnewS

Publish date : 2024-12-27 06:12:30

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