Future proof: Britain in the 2020s, an IPPR explainer - Living standards

Article

Inequality will be unleashed in the 2020s. Technological change will strengthen returns to capital while reducing labour power. The cost of living, especially housing, will rise faster than income for many. The fiscal direction of the UK will accentuate trends towards inequality, with relative poverty rates rising and the working poor losing ground. Wealth inequalities, already high, will increase due to technological, demographic and economic trends.

<iframe width="560" height="315" src="https://www.youtube.com/embed/Aycoa4ZdcUY" frameborder="0" allowfullscreen></iframe>

Related items

  1. Street scene in financial district, London

    Rule of the market: How to lower UK borrowing costs

    The UK is paying a premium on its borrowing costs that ‘economic fundamentals’, such as the sustainability of its public finances, cannot fully explain. 
  2. A mother and child from behind looking out of a window

    Restoring security: Understanding the effects of removing the two-child limit across the UK

    The government’s decision to lift the two-child limit marks one of the most significant changes to the social security system in a decade.
  3. A group of healthcare professionals sitting in a staff common room in a hospital in Newcastle

    Building a healthier, wealthier Britain: Launching the IPPR Centre for Health and Prosperity

    Following the success of our Commission on Health and Prosperity, IPPR is excited to launch the Centre for Health and Prosperity.