Birdwatch Note Rating
2024-03-04 21:34:07 UTC - HELPFUL
Rated by Participant: ACA0348B9DC3B03042667DA3CEEAE72712059E93B6D28714C6A628010EE7FFDF
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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