Families ‘facing hardest period in five decades’ as Britain's economy stalls

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Household income will rise by just £220 in five years, thinktank says, as unions warn of harm to self-employed

Britain is on course for one of the worst periods of income growth since records began, according to an analysis outlining the economic fallout from the Covid-19 pandemic.

With the government already under pressure to improve the financial aid it is providing, it emerged that real household disposable income is set to rise by just £220 from 2019 to 2024, the expected period of the current parliament, a lift of just 1%.

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