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Squeezed Britain 2013 The annual audit of low to middle income households 13 February 2013

……………………………………………………………………………………………. Squeezed Britain 2013 The annual audit of low to middle income households 13 February 2013. # squeezedbritain. Squeezed Britain 2013. ……………………………………………………………………………………………………. Who’s in Squeezed Britain? Origins of the squeeze

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Squeezed Britain 2013 The annual audit of low to middle income households 13 February 2013

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  1. ……………………………………………………………………………………………..…………………………………………………………………………………………….. Squeezed Britain 2013 The annual audit of low to middle income households 13 February 2013 #squeezedbritain

  2. Squeezed Britain 2013 …………………………………………………………………………………………………….. • Who’s in Squeezed Britain? • Origins of the squeeze • Life on a low to middle income • The coming decade #squeezedbritain

  3. ……………………………………………………………………………………………..…………………………………………………………………………………………….. 1 Who’s in Squeezed Britain? #squeezedbritain

  4. Who’s in Squeezed Britain: defining low to middle …………………………………………………………………………………………………….. All UK households (26.7 million) #squeezedbritain

  5. Who’s in Squeezed Britain: defining low to middle …………………………………………………………………………………………………….. Working-age households (18.9 million) #squeezedbritain

  6. Who’s in Squeezed Britain: defining low to middle …………………………………………………………………………………………………….. Working-age low to middle (7.9 million) #squeezedbritain

  7. Who’s in Squeezed Britain: defining low to middle …………………………………………………………………………………………………….. Low to middle income households (5.6 million) #squeezedbritain

  8. Who’s in Squeezed Britain: defining low to middle …………………………………………………………………………………………………….. 9.8 million adults 5 million children #squeezedbritain

  9. Who’s in Squeezed Britain: the composition of income …………………………………………………………………………………………………….. Household earnings (before tax) #squeezedbritain

  10. Who’s in Squeezed Britain: the composition of income …………………………………………………………………………………………………….. Plus other forms of non-state income #squeezedbritain

  11. Who’s in Squeezed Britain: the composition of income …………………………………………………………………………………………………….. Plus benefits and tax credits #squeezedbritain

  12. Who’s in Squeezed Britain: the composition of income …………………………………………………………………………………………………….. Total pre-tax household income #squeezedbritain

  13. Who’s in Squeezed Britain: the composition of income …………………………………………………………………………………………………….. Total after-tax household income #squeezedbritain

  14. Who’s in Squeezed Britain: work status …………………………………………………………………………………………………….. LMIs in work #squeezedbritain

  15. Who’s in Squeezed Britain: low pay …………………………………………………………………………………………………….. Low paid #squeezedbritain

  16. Who’s in Squeezed Britain: jobs and industries …………………………………………………………………………………………………….. Retail #squeezedbritain

  17. Who’s in Squeezed Britain: jobs and industries …………………………………………………………………………………………………….. Health & social care #squeezedbritain

  18. Who’s in Squeezed Britain: jobs and industries …………………………………………………………………………………………………….. Manufacturing #squeezedbritain

  19. Who’s in Squeezed Britain: jobs and industries …………………………………………………………………………………………………….. Construction #squeezedbritain

  20. Who’s in Squeezed Britain: jobs and industries …………………………………………………………………………………………………….. Education #squeezedbritain

  21. Who’s in Squeezed Britain: jobs and industries …………………………………………………………………………………………………….. Hotels & restaurants #squeezedbritain

  22. Who’s in Squeezed Britain: jobs and industries …………………………………………………………………………………………………….. Admin. & support #squeezedbritain

  23. Who’s in Squeezed Britain: conclusions …………………………………………………………………………………………………….. • 9.8 million adults in 5.6 million households • Average £26k pre-tax, with three-quarters of this coming from earnings • Average £21k post-tax • Four-fifths in work, but one-third of those are low paid • Work in retail, health, manufacturing, construction and education #squeezedbritain

  24. ……………………………………………………………………………………………..…………………………………………………………………………………………….. 2 Origins of the squeeze #squeezedbritain

  25. Origins of the squeeze: growth, stagnation and decline …………………………………………………………………………………………………….. #squeezedbritain

  26. Origins of the squeeze: growth, stagnation and decline …………………………………………………………………………………………………….. #squeezedbritain

  27. Origins of the squeeze: growth, stagnation and decline …………………………………………………………………………………………………….. #squeezedbritain

  28. Origins of the squeeze: growth, stagnation and decline …………………………………………………………………………………………………….. #squeezedbritain

  29. Origins of the squeeze: earnings growth and distribution …………………………………………………………………………………………………….. #squeezedbritain

  30. Origins of the squeeze: earnings growth and distribution …………………………………………………………………………………………………….. #squeezedbritain

  31. Origins of the squeeze: earnings growth and distribution …………………………………………………………………………………………………….. #squeezedbritain

  32. Origins of the squeeze: earnings growth and distribution …………………………………………………………………………………………………….. #squeezedbritain

  33. Origins of the squeeze: earnings growth and distribution …………………………………………………………………………………………………….. #squeezedbritain

  34. Origins of the squeeze: share of pre-tax income …………………………………………………………………………………………………….. Distribution of growth in pre-tax household income growth between 1994-95 and 2010-11: working-age households only #squeezedbritain

  35. Origins of the squeeze: share of pre-tax income …………………………………………………………………………………………………….. Distribution of growth in pre-tax household income growth between 1994-95 and 2010-11: working-age households only #squeezedbritain

  36. Origins of the squeeze: share of pre-tax income …………………………………………………………………………………………………….. Distribution of growth in pre-tax household income growth between 1994-95 and 2010-11: working-age households only #squeezedbritain

  37. Origins of the squeeze: share of pre-tax income …………………………………………………………………………………………………….. Distribution of growth in pre-tax household income growth between 1994-95 and 2010-11: working-age households only #squeezedbritain

  38. Origins of the squeeze: share of pre-tax income …………………………………………………………………………………………………….. Distribution of growth in pre-tax household income growth between 1994-95 and 2010-11: working-age households only #squeezedbritain

  39. Origins of the squeeze: share of pre-tax income …………………………………………………………………………………………………….. Distribution of growth in pre-tax household income growth between 1994-95 and 2010-11: working-age households only Top 1% (13%) p95-p99 (13%) p90-p94 (11%) #squeezedbritain

  40. Origins of the squeeze: share of post-benefit and post-tax income …………………………………………………………………………………………………….. #squeezedbritain

  41. Origins of the squeeze: share of post-benefit and post-tax income …………………………………………………………………………………………………….. #squeezedbritain

  42. Origins of the squeeze: gender pay gap …………………………………………………………………………………………………….. #squeezedbritain

  43. Origins of the squeeze: gender pay gap …………………………………………………………………………………………………….. Wage growth, steady gap #squeezedbritain

  44. Origins of the squeeze: gender pay gap …………………………………………………………………………………………………….. Wage growth, narrowing gap #squeezedbritain

  45. Origins of the squeeze: gender pay gap …………………………………………………………………………………………………….. Wage slowdown, narrowing gap #squeezedbritain

  46. Origins of the squeeze: changing family dynamics …………………………………………………………………………………………………….. #squeezedbritain

  47. Origins of the squeeze: changing family dynamics …………………………………………………………………………………………………….. #squeezedbritain

  48. Origins of the squeeze: changing family dynamics …………………………………………………………………………………………………….. #squeezedbritain

  49. Origins of the squeeze: changing family dynamics …………………………………………………………………………………………………….. #squeezedbritain

  50. Origins of the squeeze: changing family dynamics …………………………………………………………………………………………………….. #squeezedbritain

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