Poorest fifth no better off now than they were in 2004

The Office for National Statistics has warned that low-paid workers have seen significant falls in their disposable income.

6 Mar 2020| News

The poorest 20% of workers have seen their disposable household incomes fall by 7% over the last two years, the Office for National Statistics has reported, warning that this leaves them no better off than in 2004.

This contrasts starkly with last year’s figures from the HMRC, which found that the 0.1% highest paid earners saw their earnings grow by 6%.