Household incomes back at 2007-08 level,but those in work occupy not enjoyed the same recovery as the retired populationLiving standards in Britain occupy finally returned to pre-recession levels because of the rising incomes of the nation’s retirees, the Office for National Statistics (ONS) has said.
The latest snapshot of household incomes showed that, and more than seven years after the financial crisis,the losses suffered in the most severe downturn of the modern age had finally been recouped.
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Source: theguardian.com