Consuming forces: generational living standards measured through household consumption

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Incomes and Inequality, Intergenerational Commission

This report, which has been prepared by the Centre for Research in Social Policy at Loughborough University and the Resolution Foundation for the Intergenerational Commission, sheds further light on living standards across generations by considering levels and patterns of expenditure for working-age households in detail. It uses surveys of household spending to explore how actual … Continued

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Will future tax cuts reach struggling working households?

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Tax and Welfare

This briefing looks at how exactly tax cuts interact with Universal Credit and quantifies how little low to middle income working households will keep from a higher personal allowance or a 10p tax rate under UC. It also suggests a simple way in which the Government could ensure that the benefits of tax cuts do … Continued

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Priced Out

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Housing, Wealth and Debt

New analysis shows that the rising cost of essentials had already wiped out most of the gains in living standards made in the early 2000s by families on low and modest incomes, even before the recession began, with increases in the price of food, fuel and other basics greatly outstripping general inflation in recent years.

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Childcare support and the hours trap: the Universal Credit

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Tax and Welfare

The Government recently announced the terms under which childcare costs will be supported as part of Universal Credit from 2013. It has made an extra £300m available, compared to present spending levels. This briefing updates the earlier briefing Childcare support and the hours trap, published in May 2011, to show the impact of the government’s … Continued

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Tackling the adequacy trap: earnings, incomes and work incentives under the Universal Credit

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Tax and Welfare

This briefing explores the relationship between gross earnings and net incomes at various points in the bottom half of the income distribution, under both the current tax and benefit system and the future Universal Credit model. It considers how these alternative systems relate to poverty and adequate income levels and concludes with some general observations … Continued

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