Archive for January 2012
23 January 2012
Political battle for the squeezed middle escalates
The squeezed middle remain the key political battleground, facing a new tax credits squeeze on top of a continued fall in real wages, a growing chance of a lifetime renting, increasingly precarious household finances and incomes unlikely to rise beyond their pre-recession (2007) levels even by 2020, according to a new report from independent think tank the Resolution Foundation. MPs Liam Byrne and David Laws will respond to the findings at the launch event today and Nick Clegg will give a keynote speech on Thursday.
22 January 2012
Households preparing for the worst as they batten down the hatches
With growing pessimism about the state of their household finances, a third of Britons plan to cut back their spending this year, a significant rise from in October. More also say they are now saving and planning to pay down their debt, according to new polling from independent think tank, the Resolution Foundation. The poll is the third in a new quarterly tracker of household finances, carried out by respected polling firm Ipsos MORI.
2012 Audit budget budget 2011 Budget 2012 child benefit child care child outcomes childcare children Commission on Living Standards david willetts Debt degree Donald Hirsch earnings economic recovery economy education elizabeth washbrook employment families flexible future jobs fund Gavin Kelly GDP generation rent growth growth without gain holmes hourglass household finances Housing IFS inequality inflation institutional investment international Ipsos MORI jane waldfogel jared bernstein job security jobs labour market lane kenworthy lee savage letting agents Liam Wren-Lewis living standards living wage Louisa Darian low to middle income low-to-middle earners mayhew Mike Brewer minimum wage missing out mobility nursery OECD on your marks part-time personal tax allowance polarisation poll press release renting Resolution Foundation routine jobs social social mobility social mobility foundation spending Spending Review Squeezed Britain Squeezed Middle submission sutton trust tax credits think tank think-tank Universal Credit Vidhya Alakeson wages Work working families working mums working parents Youth unemployment
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