All the updated news related to household incomes

All the news related to household incomes updated in real time

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Personal Finance

Poorest fifth of households see 3.8% fall in disposable income

Average disposable incomes fell by 3.8% for the poorest fifth of households in the financial year ending 2022, but increased by 1.6% for the richest fifth, officials figures show. The average for the poorest fifth was £14,500, 3.8% down on the ...

25 Jan 2023 at 13:28

More than a third of children living in poverty in some of UK’s biggest cities

More than a third of youngsters are living in child poverty in some of the UK’s biggest cities, new figures suggest. Some 40.8% of children under the age of 16 in Birmingham were in relative low income families in 2022/23, along with 40.6% in ...

21 Mar 2024 at 16:43

Scotland

Tax and benefits system more progressive in Scotland than rest of UK – IFS

Scotland’s tax and benefits system is now considerably more progressive than elsewhere in Britain, a report has said. The Institute for Fiscal Studies (IFS) think tank said that by April, the poorest 10th of Scottish households are set to ...

09 Feb 2023 at 10:06

City

UK families ‘nearly £9,000 worse off than in comparable countries’

British families are nearly £9,000 worse off than households in comparable countries due to a “toxic combination” of low growth and inequality, according to a new report. A study published by the Resolution Foundation think tank and ...

13 Jul 2022 at 01:01

Scotland

Forbes warns against high council tax rises

Local authorities should not need to impose high council tax rises on households as a result of the Scottish Budget, the Deputy First Minister has said. The Scottish Government announced funding of £15 billion for local authorities ...

28 Jan 2025 at 09:13

Proportion of children living in low income families, by local area

Here is a full list of the proportion of children under 16 in the UK living in families classed as having relative low income in 2023/24, by local authority. The figures have been published by the Department for Work & Pensions. ...

27 Mar 2025 at 15:52

Personal Finance

Living standards outlook for second half of 2020s is bleak, says think tank

UK households face a “bleak” living standards outlook for the remainder of the 2020s, with the tough start to the decade also contributing to the risk that some could end up no better off by 2030 than they were a decade earlier,...

26 Jun 2025 at 00:01

Years
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