Lower-income families face 137-year wait for living standards to double, says UK thinktank
by Tom Knowles from World news | The Guardian on (#73EWQ)
Two decades of weak pay growth have left poorer households stuck, Resolution Foundation says, fuelling political unease
It would take 137 years for lower-income families in the UK to see their living standards double at the current rate of growth, according to a thinktank.
A two-decade stagnation in disposable incomes has created a mood of unease" across the country, the Resolution Foundation says, warning of the risk of further political disruption" unless pay growth accelerates.
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