Birdwatch Note Rating
2024-03-04 13:25:20 UTC - HELPFUL
Rated by Participant: 97E3C4A71E21B32E00369780677D4BB6BE2FAE7E5A8FA3AC14C71884522B7E9C
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
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