Publications Cutting back to keep warm Why low-income households will have to cut back on spending by three times as much as high-income households this winter 15 August 2022 by Karl Handscomb and Jonathan Marshall This winter, low-income households will have to reduce their spending by three times as much as high-income households in order to afford their energy bills – a situation that is… Continue Reading
Publications In the dread of winter Prospects for inflation in the coming months ahead of the Bank of England’s Monetary Policy Report 3 August 2022 by Jack Leslie In the face of the highest inflation rate for 40 years, many are predicting that the Bank of England will announce the largest interest rate rise in 27 years this… Continue Reading
Publications The Living Standards Audit 2022 4 July 2022 by Adam Corlett and Felicia Odamtten and Lalitha Try This report, the 14th in an annual series, takes a long view of what has happened to household incomes in Britain over recent decades, what has driven periods of growth… Continue Reading
Events The long view of living standards What drives income growth and inequality in modern Britain? Monday 4 July 2022 Britain is in the midst of a cost-of-living crisis that is squeezing the incomes of households across the country. That crisis is particularly challenging because it comes against a backdrop… Continue Reading
Publications Back on target Analysis of the Government’s additional cost of living support 27 May 2022 by Torsten Bell and Mike Brewer and Karl Handscomb and Jonathan Marshall and Lalitha Try The Chancellor yesterday announced a big and well-targeted package of energy bill support. Of the £15 billion of new measures, almost double that announced earlier in the year, twice as… Continue Reading
Comment Energy prices: Why now is the time to act to help millions of families facing fuel bill catastrophe A benefits boost and insulation drive are needed 3 May 2022 by Jonathan Marshall The first day of April saw the largest overnight jump in energy bills in living memory, pushing up the cost of gas and electricity for 22 million families by more… Continue Reading
Comment The cost of living crisis is going to hurt To tackle it, we will also need to address the stagnation which has bedevilled the UK economy for years by Torsten Bell Britain is at last stepping out of the pandemic that has dominated the last two years – only to step straight into a huge cost of living crisis that will… Continue Reading
Publications Stressed out April brings an acute squeeze on UK living standards as higher energy bills lead to widespread fuel stress 1 April 2022 by Adam Corlett and Jonathan Marshall April 2022 will see the UK’s cost of living crisis intensify as energy prices jump by more than half overnight, pushing 5 million English households into fuel stress, even accounting… Continue Reading
