Autumn Statement: UK just got a lot poorer, IFS says - BBC News

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Autumn Statement: UK just got a lot poorer, IFS says - BBC News
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'There's a lot in there which is very damaging for business' Richard Burge on the London Business Community's reaction to this week's Budget politicslondon |

Another lost decade for improvements in living standards, says IFSYou may want to look away now if you don’t want to spoil your Friday.

That means wage rises failing to keep up with price rises, and taxes taking more of your income away - meaning you can buy less stuff, and gradually get worse off. Image caption: IFS analysis has contrasted how real incomes might have risen based on pre-2008 trends , versus how they have performed in reality

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