You are here: Home - Uncategorized -

Living standards on the rise

Written by:

Families are now enjoying a better standard of living, according to new research from the Department for Work and Pensions (DWP).

The research from the DWP shows that more families are now enjoying a better standard of living and that progress has been made by the Government in tackling poverty.

It said that reforms to the Welfare State had enabled more people to get off benefits and into work, and that was contributing to the improvements in living standards.

Margaret Hodge said: “The incomes of the poorest households in this country are growing faster than any other group of the population.

“But we know that there is a great deal more to do. Our plans for the Reform of the Welfare state outlined in the recent Green Paper, the redesign of the child support system, as well as our plans to improve the CSA in the shorter term, will all be absolutely vital to ensuring further progress.”

Related Posts


Tag Box

There are 0 Comment(s)

If you wish to comment without signing in, click your cursor in the top box and tick the 'Sign in as a guest' box at the bottom.

Five ways to get on the property ladder without the Bank of Mum and Dad

A report suggests the Bank of Mum and Dad is running low on funds. Fortunately, there are other options for st...

The essential Your Money guide to the April 2018 tax changes

As we head into the 2018/19 tax year, a number of key changes take place to existing policies while some new i...

A guide to switching energy provider

All you need to know about switching from one energy supplier to another.

What will happen if rates change

How your finances will be impacted by a rise in interest rates.

Regular Savings Calculator

Small regular contributions can build up nicely over time.

Online Savings Calculator

Work out how your online savings can build over time.

Having a baby and your finances: seven top tips

We’re guessing the Duchess of Cambridge won’t be fretting about maternity pay or whether she’ll still be...

Protecting family wealth: 10 tips for cutting inheritance tax

Inheritance tax - sometimes known as 'death tax' - can cause even more heartache for bereaved families. But th...

Travel insurance: Five tips to ensure a successful claim

Ahead of your summer holiday, it’s important to make sure you have the right level of travel cover or you co...

Money Tips of the Week

Read previous post:
Brits don’t know how they spend spare cash

Britons have an average of £276 left per month left to spend after their regular outgoings, but many don’t know...