The Living Standards Audit 2019

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Incomes and Inequality

In this annual report, the latest in our decade-long series, we take a forensic look at both recent and longer-term trends in UK living standards. We consider how incomes have changed and for whom, and this year we dig deeper into what economic trends have driven those changes over the past 25 years. With a … Continued

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Failing to plan = planning to fail: The risk of recessions and the importance of macroeconomic policy in limiting the damage they cause

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Public Finances and the Economy

There is a relatively high risk that the UK will experience a recession in the next few years. An important question, then, is how much of a priority we should make preparing for it? That depends on the impact recessions have. This briefing note argues that recessions lead to significant and lasting damage, with mass … Continued

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Mapping gaps: Geographic inequality in productivity and living standards

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Incomes and Inequality

Regional inequality is a hot topic, particularly since the EU referendum exposed huge voting divides between London, Scotland and Northern Ireland, and the rest of the UK. This report examines the relative economic performance of UK regions and nations since the 1960s, and the extent to which this has driven differences in household living standards.  

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