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Household incomes in UK 'may return to 2005 levels'
wotsthat
Posts: 11,325 Forumite
Better put up interest rates then...
http://www.bbc.co.uk/news/business-13384857
Quite an interesting part of article from the BBC site
Not sure what the "entirely possible" bit means. Median incomes dropped in 2010-11 or they didn't.
http://www.bbc.co.uk/news/business-13384857
Quite an interesting part of article from the BBC site
The Institute for Fiscal Studies said median take-home incomes had actually increased during the recent recession.
But the institute's analysis of latest government figures suggested it was "entirely possible" that median incomes dropped by 3% in 2010-11.
Not sure what the "entirely possible" bit means. Median incomes dropped in 2010-11 or they didn't.
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Comments
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I'd like mine to return to 1999-2001 levels, when I was on £40-50k.
2005's no good, I was on £16k.0 -
Agree 2005 is no good as it would mean a household income drop of well over 50% - Seems harsh!Go round the green binbags. Turn right at the mouldy George Elliot, forward, forward, and turn left....at the dead badger0
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Better put up interest rates then...
http://www.bbc.co.uk/news/business-13384857
Quite an interesting part of article from the BBC site
Not sure what the "entirely possible" bit means. Median incomes dropped in 2010-11 or they didn't.
Maybe due to very low mortgage rates? I know our outgoings have plummeted in the last couple of years due to thisGo round the green binbags. Turn right at the mouldy George Elliot, forward, forward, and turn left....at the dead badger0 -
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"My 'gut' may return to 2001 levels of fatness."
May means nothing.
"Hamish McTavish's sanity may return to pre nervous breakdown levels"0 -
.. 2005 ... back in the days when my house was 'earning' more than me.
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2005 was a good year for selling i prefer 2009 though when vat wasnt so high...0
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