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Evening Standard
Evening Standard
World
David Bond

Middle earners hit by Covid pandemic income blow

Workers on middle and higher incomes saw their incomes fall during the first year of the Covid-19 pandemic, according to new analysis released on Thursday.

The study by the Institute for Fiscal Studies found that while poorer households experienced a rise in their incomes between March 2020 and April 2021, those on middle and lower incomes suffered a 1-2 per cent drop.

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