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At this event, IFS researchers presented the key findings from the latest in the series of flagship IFS annual reports on living standards, poverty and inequality in the UK. Funded by the Joseph Rowntree Foundation, the report analysed living standards in the UK up to and including the latest year of data for 2017-18, while setting this in the context of the very latest developments in pay, employment and inflation. 

The report looks in detail at trends in incomes and poverty, at which groups are doing better or worse, and at the underlying role of factors such as developments in the labour market and changes to the tax and benefit system. In depth analysis includes work understanding trends in (and measures of) severe poverty, and analysis of why pensioner poverty and working poverty have increased.