Income and Employment
Over 6.5 million households are in debt, or face the prospect of falling into debt within a month, should they lose their jobs, according to new research from The Equality Trust. Over 40 per cent of non-retired households have too little saved to pay even a month’s worth of household bills, the r
Less than a third of FTSE 100 companies are Living Wage accredited. The new Living Wage was announced today, rising to £8.45 in the UK, and £9.75 in London, but only 29 of the UK’s largest companies are officially signed up to pay the Living Wage.
A full time worker earning the National Living Wage would need to work over 400 years to earn just one year’s average pay for a FTSE 100 CEO, according to new analysis from the Equality Trust.
Analysis of today's ONS Family Spending publication by The Equality Trust has found that the richest 10% of households spend more on eating out (£58.40) than the poorest 10% of households spend on housing, fuel and power combined (£44.50). The Equality Trust also found:
New analysis by the Resolution Foundation has predicted a slow reduction in low pay.
Britain's poorest households pay a greater proportion of their income in taxes than the richest, according to new data from the Office for National Statistics (ONS). Analysis of the ONS' Effects of Taxes and Benefits publication, released today, found:
Today's Annual Survey of Hours and Earnings (ASHE) publication by the Office for National Statistics has shown a f