Chart showing income growth from 2019/20 to 2024/25 and then a forecast from 2025/26 to 2030/31. Average household annual income after housing costs in 2029/30 is forecast only be £160 higher than a decade earlier, a rise of just 0.4%.
Thanks Dan, you are right of course, although our work around March's fiscal forecast shows flatlining incomes going forward too: www.jrf.org.uk/income-savin...