Birdwatch Note Rating
2024-03-05 11:49:20 UTC - HELPFUL
Rated by Participant: 7C8D2CDA8F10B7B1C41F8A2C751F18E6DC89B9F75323FF1E6BF2591086D56256
Participant Details
Original Note:
Since 2010 mean household incomes have risen from £36,240 to £38,994, 7.5% increase. But then, inflation has decreased spending power - goods costing £10 in 2010 would now cost £14.70, an increase of 47%, so mean income households are far worse off now than in 2010. https://www.bankofengland.co.uk/monetary-policy/inflation/inflation-calculator https://www.ons.gov.uk/peoplepopulationandcommunity/personalandhouseholdfinances/incomeandwealth/bulletins/householddisposableincomeandinequality/financialyearending2022#average-household-income-data
All Note Details