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

Two decades of weak pay growth have left poorer households stuck, Resolution Foundation says, fuelling political uneaseIt 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. Continue reading...