Record rates of employment and small increases in pay have not halted the increase in the number of those in work living on incomes below what they need, particularly working families with children. In recent years the phrase ‘hard-working families’ has figured prominently both in defining and defending ‘difficult’ policy decisions. The programme of welfare […]
Incomes improve against MIS: a welcome but brief respite
Zero inflation is great news these days for low income families. This is because more and more government policies affecting income are being set without regard to the inflation rate. If you work on the minimum wage, you can expect your pay to rise 23 per cent and tax allowance 18 per cent by 2020 […]
4 in 10 people living in households with children in London can’t afford a minimum standard of living
Over the past couple of years there have been lots of stories of families – and 30-somethings more generally – leaving London and moving to the other big cities in the UK because of the high cost of living London. Our new research sheds light on the pressures felt by families living in the capital. […]
“For there is in London all that life can afford” (Samuel Johnson) … if you can afford London life.
While many costs associated with living in London are similar to the rest of the UK, a minimum decent standard of living is substantially more expensive in the capital. There is a long held view that life costs more in London. This view is not just confined to the usual suspects of housing, childcare and […]
What price a decent life in London?
This week, billboards across the capital displayed quotes illustrating some of the personal stories underlying the quantitative patterns of migration into and out of London. Many of these billboards highlighted the financial reasons that Londoners gave for leaving the capital, with reference to people’s experiences of the high costs of living in London: In addition […]
Looking beyond the obvious: the additional costs of ‘having a life’
You only have to look at this symbol … to realise how disability and its costs are prone to stereotypes. Think about the extra costs faced by disabled people and often the first thought is of the expense (often considerable) of purchasing a wheelchair or other specialised equipment. But new research that we have just […]
The economy may have turned the corner, but many are still struggling to make ends meet
Despite signs of economic recovery, nearly four in ten families with children are living on incomes below what they need and making up lost ground is going to take time. Recent weeks and months have seen a growing assertion that following a long period of decline, we might just have turned a corner and 2015 […]
Employment growth does not mean a socially acceptable standard of living for many young adults
At the end of 2014, we learned that joblessness in the UK reached its lowest since the beginning of the financial crisis of 2008. According to the ONS, unemployment is now 6 per cent, having reached its peak at 8 per cent in 2009. This seems to be good news, especially for young adults who […]