Why is not Britain getting richer faster? This is Money podcast
Britain’s disposable revenue has dropped considerably over the previous 14 years in comparison with the place it must be, in response to a report this week.
The Centre for Cities stated that the typical family’s disposable revenue has fallen £10,000 behind the place it could have been if pre-2010 progress charges had been maintained.
On common we’ve got acquired higher off, however we’re nicely under what would have been anticipated.
On this episode of the This is Money podcast, Georgie Frost, Lee Boyce and Simon Lambert take a look at what the issues might be, why aren’t we getting richer faster, why are we falling behind our worldwide friends and what could be accomplished.
Plus, whereas our dwelling requirements aren’t quickly accelerating, home costs have and the typical vendor made greater than £100,000 final yr – is property inflation and the slowing in disposable revenue progress linked? Simon, thinks it is a part of the issue.
Savings charges have began to slide, so do dividend-paying funding trusts yielding 5 per cent or extra appear like a lovely transfer.
And lastly, some recommendations on how you can take advantage of Avios factors – however who on the group is the Avios winner and who’s the self-described Avios loser.
How disposable revenue has declined modified to the place it could have been if pre-2010 progress charges have been maintained
