NewsBot
28-Jul-20, 12:20
The Caithness Business Index (http://www.caithness-business.co.uk) has posted the following article:
UK Households Have Experienced The Biggest Immediate Income Shock Since The Mid-1970s
Policy response has massively boosted poorest households' incomes, but further shocks lie ahead. The covid-induced crisis has caused typical working-age household incomes to fall 4.5 per cent between the pre-crisis period and May this year, despite the critical policy support that has cushioned the shock for millions of households, according to the Resolution Foundation's Living Standards Audit published on Tuesday 21st July 2020. [Read Full Article (https://caithness-business.co.uk/article/11399)]
UK Households Have Experienced The Biggest Immediate Income Shock Since The Mid-1970s
Policy response has massively boosted poorest households' incomes, but further shocks lie ahead. The covid-induced crisis has caused typical working-age household incomes to fall 4.5 per cent between the pre-crisis period and May this year, despite the critical policy support that has cushioned the shock for millions of households, according to the Resolution Foundation's Living Standards Audit published on Tuesday 21st July 2020. [Read Full Article (https://caithness-business.co.uk/article/11399)]