• News Feeds
Page last updated at 06:31 GMT, Friday, 13 May 2011 07:31 UK

Financial pain 'delayed rather than avoided'

Advertisement

Poverty fell during Labour's years in power but income inequality was at a record high, according to the Institute for Fiscal Studies.

The economic research institute is also warning that although average incomes actually increased through the recession the picture will soon be far less rosy, with the impact merely delayed.

Luke Sibieta, a senior research economist for the IFS, unpicks the findings.


Get in touch with Today via email , Twitter or Facebook or text us on 84844.

SEE ALSO

Story Tools

BBC navigation

BBC © 2014 The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.

Americas Africa Europe Middle East South Asia Asia Pacific