United Kingdom

4065 readers

165 users here now

General community for news/discussion in the UK.

Less serious posts should go in !casualuk@feddit.uk or !andfinally@feddit.uk
More serious politics should go in !uk_politics@feddit.uk.

Try not to spam the same link to multiple feddit.uk communities.
Pick the most appropriate, and put it there.

Posts should be related to UK-centric news, and should be either a link to a reputable source, or a text post on this community.

Opinion pieces are also allowed, provided they are not misleading/misrepresented/drivel, and have proper sources.

If you think "reputable news source" needs some definition, by all means start a meta thread.

Posts should be manually submitted, not by bot. Link titles should not be editorialised.

Disappointing comments will generally be left to fester in ratio, outright horrible comments will be removed.
Message the mods if you feel something really should be removed, or if a user seems to have a pattern of awful comments.

founded 1 year ago

MODERATORS

tom@feddit.uk

GreatAlbatross@feddit.uk

Middle income households face growing insecurity in work and housing, report says (www.financialfairness.org.uk)

submitted 8 months ago by 0x815@feddit.de to c/unitedkingdom@feddit.uk

4 comments fedilink hide all child comments

People on middle incomes face a high chance of being lower down the income distribution next year, due largely to unstable job markets, an analysis published from Professor Donald Hirsch at the Financial Fairness Trust and Eleni Karagiannaki from the London School of Economics, finds.

Lone parents are more likely to work than a decade ago, but even on middle incomes most of their jobs are now insecure. For singles without children on middle incomes, job insecurity has also grown.

The report highlights the importance of helping people on middle incomes to save. Increased income insecurity makes it all the more important to be able to save for a rainy day. But the report calculates that middle income households building rainy day and pension savings, while also paying back student loans and facing high housing costs, can be left with too little remaining income for an acceptable living standard today.

you are viewing a single comment's thread
view the rest of the comments

[–] TakiMinase 0 points 8 months ago

Prepare for the revolution, canned food, safe back up water, neighbourhood security arrangements. If in a large city, have multiple escape vectors planned.