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The election run-in set to be marked by further living standards stagnation, despite improving economic backdrop and £90 billion savings income boost. Typical working-age households are on track for a year of income stagnation in the run-up to the next election, and poorer families are set for further income falls, as tax rises, the end of cost-of-living payments and higher housing costs offset an improving economic outlook, according to new Resolution Foundation research published today (Wednesday). [Read Full Article] |
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