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The Guardian - UK
The Guardian - UK
National
Tom Knowles

Lower-income families face 137-year wait for living standards to double, says UK thinktank

A woman fills a basket of staple food items at Iceland, including bread, chopped tomatoes, sugar and eggs
The ‘huge income slowdown’ since 2005 has been driven by pay rises drying up, according to the Resolution Foundation. Photograph: Bloomberg/Getty Images

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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