A welcome boost for ‘just about managing’ families in Scotland

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Incomes and Inequality, Tax and Welfare

Yesterday started with a bleak assessment by the Child Poverty Action Group of the impact of ongoing welfare cuts – specifically how the two-child limit on support, which began to be implemented in 2017, is set to push 300,000 children into poverty. But there was better news for Scottish parents later in the day, as … Continued

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CB40: Happy 40th birthday to child benefit! But will it last another twenty?

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Incomes and Inequality, Tax and Welfare

Yesterday, the minimum wage celebrated its 20th birthday. Today, child benefit is having a 40th birthday bash. But, as this analysis shows, it’s become a somewhat modest affair, with (record) low generosity, fewer people invited than in earlier years, and particularly complicated arrangements. So today is a good time to step back and take stock … Continued

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To understand inequality, we need to understand its intersections too

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Incomes and Inequality

Inequality has been moving up the political agenda in recent years. Public concern about the issue is at record levels. Politicians across the spectrum – from Theresa May’s emphasis on the ‘burning injustice’ faced by many in modern Britain, to Jeremy Corbyn’s lamentation of the ‘grotesque inequality’ that characterises the UK and other rich countries … Continued

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What does new ONS data tell us about incomes and inequality?

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Incomes and Inequality

Today we got the first solid data about household incomes in 2017-18. Unfortunately, the figures today confirm fears that 2017-18 was not a great year for living standards progress. (Though note that the bigger sister to this release, which will give us even better data, especially on poverty, will be out at the end of … Continued

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As growth slows UK households have already taken a £1,500 living standards hit since the referendum

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Incomes and Inequality

Today we learnt that economic growth slowed significantly at the end of 2018, with GDP only growing by 0.2 per cent in the last three months of the year. This is around a third of the pre-crisis average rate. In December alone, the economy contracted by 0.4 per cent with the manufacturing sector now having … Continued

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Five key takeaways on UK household spending

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Incomes and Inequality

Yesterday the Office for National Statistics (ONS) published its annual rundown of what UK households spend their money on. Quite a bit of the ONS’s analysis focused on who spends most on takeaways. But given household consumption is perhaps the most detailed and direct window on current living standards, there’s plenty more of interest in … Continued

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