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Disposable income at lowest level in 10 years!!!

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NEWS
NEWS
Posts: 236
Joined: 19 Sep 2006, 18:01

Disposable income at lowest level in 10 years!!!

Post by NEWS »

Disposable income is at its lowest level for a decade, as taxes, housing costs, phone bills and travel expenses eat into salaries, researchers says.

In 1997, when Labour came to power, people were left with 34.5 per cent of their gross income once they had paid taxes, national insurance, mortgage or rent. Now they are left with 32.6 per cent, says a report by uSwitch, a price comparison website.

The uSwitch report makes clear that many household bills have actually risen more modestly than people's salaries, including the monthly, electricity, water and gas bills.

http://www.telegraph.co.uk/news/main.jh ... tax108.xml


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k979aaa
Posts: 12578
Joined: 03 Sep 2007, 19:14
Gender: Male
Location: THE NORTH

Re: Disposable income at lowest level in 10 years!!!

Post by k979aaa »

NEWS wrote:Disposable income is at its lowest level for a decade, as taxes, housing costs, phone bills and travel expenses eat into salaries, researchers says.

In 1997, when Labour came to power, people were left with 34.5 per cent of their gross income once they had paid taxes, national insurance, mortgage or rent. Now they are left with 32.6 per cent, says a report by uSwitch, a price comparison website.

The uSwitch report makes clear that many household bills have actually risen more modestly than people's salaries, including the monthly, electricity, water and gas bills.

http://www.telegraph.co.uk/news/main.jh ... tax108.xml


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I bet adam cozier's income is not :cfo
DGP1
Posts: 15551
Joined: 07 Jun 2007, 20:39
Gender: Male
Location: Terminus

Post by DGP1 »

Can I have one of those £53k jobs please
I'm preparing myself for the zombie invasion, rule number 1 - Cardio
Stormproof
Posts: 6116
Joined: 07 Jul 2007, 21:03
Gender: Female

Post by Stormproof »

disgruntledpostie1 wrote:Can I have one of those £53k jobs please
I'd be happy with the £34,796
So keep on moving, moving, moving your feet
Keep on shuf-shuf-shuffling to this ghost dance beat
Just keep on walking down never ending streets


Illegitimi non carborundum