The Living Standards Outlook 2018

Document type
Report
Author(s)
Corlett, Adam; Bangham, George; Finch, David
Publisher
Resolution Foundation
Date of publication
1 February 2018
Subject(s)
Poverty Alleviation Welfare Benefits and Financial Inclusion, Employment, Housing and Homelessness
Collection
Social welfare
Material type
Reports

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This report projects forwards the real spending power of typical households and the distribution of income to 2022-23. Results incorporate the latest household income data (for 2015-16), what we know about the key drivers of living standards to 2017-18 and the latest forecasts of economic aggregates from the Office for Budget Responsibility (OBR).

This report also explores the extent to which different policy and economic scenarios could affect what is a weak and inequality-increasing outlook for living standards. And it provides, for the first time, a distributional assessment of the impact of increasing minimum pension contribution rates via auto-enrolment.

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