Since 2003, long before the 2008-09 recession, middle wages in Britain have been flat. The share of GDP going to those on low to middle income has seen a long term decline, and the tax-benefit system is doing more to raise household income. Other trends, from the rising costs of home ownership to changing working patterns, add to a set of pressures that are fundamentally changing the reality of life on low to middle income.
In response to these new and surprising challenges, the Resolution Foundation is hosting the Commission on Living Standards, a major investigation into the causes and consequences of the economic decline of low to middle income Britain. Read more