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Bank of England policy maker David Miles
12 July 2013
Bank of England policy maker David Miles discusses the Resolution Foundation report discusses the Resolution Foundation report Closer to the Edge? Prospects for household debt repayments as interest rates rise
We are looking for a full-time Communications Officer to play a key role in our external affairs team as we continue to deliver an exciting and high-profile plan of work at a crucial time for ...
Despite the improving fortunes of national output however, many are yet to feel the benefit in their pay packets and bank balances. With average wages failing to keep pace with inflation and with austerity measures continuing to bite, the hit to living standards is now into its fifth year. Yet the nascent recovery has been driven in no small part to date by a pick-up in household consumption, raising the question of just how sustainable this renewed growth can be in the absence of a significant upturn in incomes.