Lower-income families face 137-year wait for living standards to double, says UK thinktank
https://www.theguardian.com/uk-news/2026/feb/10/lower-income-families-living-standards

Two decades of weak pay growth have left poorer households stuck, Resolution Foundation says, fuelling political unease
It 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.
In the 40 years to 2005, the typical disposable income of working-age families in the poorest half of the population doubled, after growing by 1.8% a year on average once adjusted for inflation, according to the thinktank. In the final decade of that period, growth in disposable incomes rose by 4% a year and looked on course to double within 18 years.
Since 2005, however, there has been a significant slowdown. The rate of growth in disposable incomes – measured after taxes and housing costs – has increased by just 0.5% for lower-income families. The Resolution Foundation said: “If progress continues to crawl in the way it has since the mid-2000s, a further doubling would take over 130 years.”
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Article continues at https://www.theguardian.com/uk-news/2026/feb/10/lower-income-families-living-standards



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