Household income will rise by just £220 in five years, thinktank says, as unions warn of harm to self-employed

Britain is on course for one of the worst periods of income growth since records began, according to an analysis outlining the economic fallout from the Covid-19 pandemic.

With the government already under pressure to improve the financial aid it is providing, it emerged that real household disposable income is set to rise by just £220 from 2019 to 2024, the expected period of the current parliament, a lift of just 1%.

Continue reading…

You May Also Like

Cancer signs could be spotted years before symptoms, says new research institute

Tests that can identify early changes in cells would give doctors more…

GFG Alliance launches high court action to reclaim aluminium smelter

US private equity fund that runs smelter says it could not accept…

‘What have they done?’: What the papers say about fallout from the Meghan and Harry interview

Palace crisis is splashed across the front pages, with several papers asking…

‘What a Tory exhibition this is’ – the RA’s climate crisis Summer Exhibition

Royal Academy, LondonWilting flowers, soppy woodlands, a porcelain model of a disposable…