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Living standards

Material living standards are the result of labour market outcomes, taxes, benefits, housing and more. Bringing all of these together, we track past, present and projected changes in incomes to assess how the economy is really working for households. We look especially at low-to-middle-income families, and at the various inequalities in modern Britain.


Adam Corlett

Principal Economist
T: 020 3372 2983

Lalitha Try

T: 0203 372 2906

Inflation scarring

How has the cost-of-living crisis changed Britain?

Register to attend in person or to receive an access link for online viewers. Economies around the world exited the Covid-19 pandemic in 2021, and jumped straight into the biggest…
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Powering Britain

Can we decarbonise electricity without disadvantaging poorer families?

The UK’s transition towards a net zero economy requires a complete overhaul of our power sector. We don’t just need electricity generation that has been decarbonised, but a huge amount…
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In credit?

Assessing where Universal Credit’s long rollout has left the benefit system, and Britain

Universal Credit, announced back in 2010 and introduced in 2013, will be fully rolled out by whoever wins the next election. The benefit has been on a rollercoaster over those…
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Housing Outlook Q1 2024


Welcome to our first Housing Outlook in what looks set to be an election year, and one where housing could well be a prominent issue. This quarter, we consider whether…
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Building pressure?

Rising rents, and what to expect in the future

The combination of high house prices and stagnating incomes over recent decades, coupled with the decline of social housing, mean that millions more of us are private renters. And they…
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Living life to the full

How can we make our longer lives healthier, happier and more productive?

Book launch for The Longevity Imperative by Professor Andrew J Scott Britain, along with many other countries, is getting older and living longer. This demographic shift has huge health, economic…
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Trading standards

How exposure to global trade shapes our living standards

Britain is an open economy, and has become more open over recent decades – despite the impact of Brexit and ‘slowbalisation’. But the quantity and type of goods and services…
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Saving for today. And tomorrow.

How to boost households financial resilience now, and living standards in retirement

British households aren’t saving enough. Pensions auto-enrolment has got far more of us saving for retirement, but too many of us are not on track for a comfortable old age.…
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