The living standards audit 2020

Summary

This report is the latest in a series of annual Living Standards Audits, highlighting recent trends in household incomes. This year’s report looks at how households were faring before the coronavirus crisis, but also presents our nowcast of how the incomes of different groups were affected during the height of the lockdown. We also look to the future, and discuss the importance of maintaining – and even improving – the safety net in order to protect incomes against the effects of rising unemployment in the months ahead.