Households 6% worse off, says IFS. Britain is on the mend, says George Osborne
New IFS research published today estimates that in the three years from 2008 to 2011 real household incomes will in fact have fallen by 1.6%, or £360 a year. So households are likely to be about 6% worse off than they might have expected had incomes risen in the normal way.
read the complete article at ifs.org
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