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A Decade of Falling Incomes? JRF's Pre-Budget Assessment of Living Standards

Summary by JRF
Average incomes are expected to fall by £550 over this parliament, meaning the Government risks having the worst living standards performance of any parliament on record.

6 Articles

Lean Right

On Saturday, the National Assembly continued its consideration of the budget beginning with the examination of the maintenance of an exceptional contribution on high incomes up to a return of the deficit below 3%. It was expected to raise EUR 1.5 billion in 2026, according to the figures put forward by the government.

·Paris, France
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Lean Left

Maintaining this measure setting a minimum tax rate of 20% for households with incomes above EUR 250,000 per year was widely voted on by MEPs (279, 25 against).

Center

On the first day of consideration of the draft budget, Members approved, on Friday evening, the extension of the differential contribution on the highest income (CDHR) introduced in 2025 until the deficit fell below 3%.

NotreTemps.comNotreTemps.com
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France BleuFrance Bleu

Members approved Friday night the extension of the differential contribution on the highest income (CDHR) introduced in 2025 until the deficit fell below 3%, on the first day of review...

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Bias Distribution

  • 34% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
34% Left

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NotreTemps.com broke the news in on Friday, October 24, 2025.
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