Living Standards Outlook for Second Half of 2020s Is Bleak, Says Think Tank

Households will continue to face ‘bleak’ living standards for remainder of 2020s in ‘worst decade since 1950s, report says

UK households face "bleak" living standards for the remainder of the 2020s and some could end up no better off by 2030 than they were a decade earlier, according to a new report.

UK incomes set to stagnate for rest of Labour parliament – think tank

We spoke to our economics reporter Neil Macdonald about gloomy news on the UK’s standard of living.

UK Stuck in Decade of Stagnating Living Standards, Report Says

British household incomes are set to stagnate in the 2020s, according to a new report, making it the worst decade for living standards in the past 60 years.

Living standards outlook for second half of 2020s is bleak, says think tank

The 2020s could be the first decade of the modern era to witness no improvement in disposable incomes, the Resolution Foundation said.

Mortgage costs to rise faster than income or rent for ‘several years’, Resolution Foundation predicts

Despite expectations for the Bank of England to cut interest rates, average mortgage payments are set to rise further, a think tank said. The post Mortgage costs to rise faster than income or rent for ‘several years’, Resolution Foundation predicts appeared first on Mortgage Solutions.

High rates will see mortgagor incomes fall by 1%: Resolution Foundation – Mortgage Strategy

Mortgage holders are on track to see their incomes fall by an average of 1% over the next five years, “as high interest rates bear down on households coming off fixed-rate deals”, says a Resolution Foundation report.   The thinktank describes the outlook for living standards…The post High rates will see mortgagor incomes fall by 1%: Resolution Foundation appeared first on Mortgage Strategy.