Household incomes to stagnate or fall but will be offset by better public services, says Resolution Foundation
Household incomes will stagnate or fall next year but the chancellor, Rachel Reeves, will be hoping people feel better off as a result of improvements to public services, a leading thinktank has said.
The Resolution Foundation calculated a new measure of “real living standards” that took into account both disposable income and the “in-kind” benefits of public services.
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