Article preview: Could the biggest financial impact of the Covid-19 pandemic be ahead of us, rather than in the past? According to think tank the Resolution Foundation, it’s this year that will mark the peak of the pandemic-induced living standards downturns for households. Despite a vaccine-induced economy recovery expected in 2021, households are likely to experience a downturn in living standards. Lower income households will be particularly hard hit.
How household disposable income might change
This 660-word blog post looks at a new report from the Resolution Foundation which uses official forecasts to understand the likely direction of disposable household income in 2021 and for the remainder of this parliament. Written on 19th January 2021.
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