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The Guardian - UK
The Guardian - UK
Business
Jedidajah Otte

‘It’s all fallen flat’: households earning more than £60,000 on how they are struggling financially

Morning commuters on London Bridge
Despite incomes higher than the national average, some well-paid people say they are unable to fund a reasonable lifestyle. Photograph: Bloomberg/Getty Images

An annual gross income of £74,000 puts Scott, 28, a software engineer from Leicestershire, in the top 10% of earners nationally. But, he says, it doesn’t feel that way for him and his family.

“Ten years ago we’d have been laughing with my salary. Now, it feels like our heads are barely above water. There’s an attitude that at this level of income you’ve plenty of money, but it’s not true at all,” he says.

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