household incomes

Household disposable incomes fell below pre-pandemic levels in 2023

25th September 2024 Consumer Collections | #household incomes

Latest Office for National Statistics (ONS) data has shown that median household disposable income in the UK was £34,500 in 2023, a decrease of 2.5% from 2022, based on estimates from the Office for National Statistics (ONS) Household Finances Survey (HFS). Median household disposable income for the poorest fifth of the population increased by 2.3%…

Household incomes projected to grow by a 3% this year

29th August 2024 Arrears and Recoveries | #household incomes

A new forecast has predicted that median household incomes are projected to grow by 3 per cent this year. However on current economic forecasts and policy assumptions, this recovery is set to peter out, with incomes forecast to grow by just 2 per cent in total over the next five years, highlighting why the Government…

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household incomes

Household disposable incomes fell below pre-pandemic levels in 2023

Household incomes projected to grow by a 3% this year

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