Report (R114)

Living standards, poverty and inequality in the UK: 2015-16 to 2020-21

Date: 02 March 2016
Publisher: Institute for Fiscal Studies
ISBN: 978-1-911102-08-3
DOI: 10.1920/re.ifs.2016.0114

Official data on the distribution of household incomes in the UK are available only with a significant lag: the latest statistics are for 2013–14. In this report, we use modelling techniques to provide a more up-to-date picture and to assess how things are likely to evolve in the coming years. Essentially, we estimate the implications for household incomes of policy changes already implemented since 2013–14 or planned by 2020–21, and of labour market trends already recorded from other data sources since 2013–14 or forecasted by the OBR up to 2020–21.