Author: dizzy
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

The ‘huge income slowdown’ since 2005 has been driven by pay rises drying up, according to the Resolution Foundation. Photograph: Bloomberg/Getty Images 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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The media rarely treats any of this as disqualifying. On the contrary, it admires the fluency: the contacts, the cosmopolitan ease, the glide from Davos to Washington to Whitehall. It looks like sophistication. What it is is capture.
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So when we read those emails – a minister apparently passing sensitive state information to a private financier – we should resist the temptation to ask, “How could he?”. If politics has been reduced to managing relationships with wealth, then wealth becomes the real constituency. Everything else is theatre.
A nation run this way can’t be sovereign. Its secrets leak upward. Its wealth flows outward. And its politics are for sale.

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