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UK Living Standards Stagnate: Poor Families Face Decline

6/27/2025

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Summary

Story summary

A stark report from the Resolution Foundation warns that living standards in Britain are set to stagnate over the next decade. While pensioners may enjoy a modest 5% income boost, poorer households will suffer a 1% drop, and families with children will see no growth at all. By 2029/30, median incomes are projected to barely rise above inflation.

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Story summary

A stark report from the Resolution Foundation warns that living standards in Britain are set to stagnate over the next decade. While pensioners may enjoy a modest 5% income boost, poorer households will suffer a 1% drop, and families with children will see no growth at all. By 2029/30, median incomes are projected to barely rise above inflation.