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This report contains the Commission’s conclusions, drawing on a deep and wide-ranging examination of the experiences and prospects of different generations in Britain.

In this report, our first dedicated Living Standards Outlook, we explore the prospects for household incomes and inequalities over the next five years.

This year’s report – the eighth edition of Low Pay Britain – documents the headline trends shaping the low-paid end of the labour market today and highlights the new challenges policymakers should be addressing.

A look beyond the headline data on the forces behind current developments in pay, how the fruits are shared, and the short- and longer-term drivers of earnings growth.