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 analyses living standards in the UK up to and including the latest year of data for 2016-17, 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 changes in inequality during the recovery, analysing how important changes in the housing market have been in driving poverty in recent years, and new research examining the living standards of people in poor health.