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How have living standards evolved in a post-pandemic world? What has been the impact of rising prices and rising mortgage interest rates? In this online event IFS researchers set the scene for the government after the election, presenting the key findings from their latest flagship annual report on living standards, poverty and inequality in the UK, funded by the Joseph Rowntree Foundation.
As well as setting out the trends and drivers of household incomes in the latest data, IFS researchers presented new research on the poverty and living standards among pensioners, exploring the impacts of the cost of living crisis, reforms to the state pension, and the age at which one becomes eligible.
Authors

Research Economist
Anna is a Research Economist. She works on topics including retirement, welfare, and inequality.

Research Economist
Sam joined the IFS in 2022 and works as a research economist in the Income, Work and Welfare sector.
Presentation details
- DOI
- 10.1920/ps.ifs.2024.0010
- Publisher
- Institute for Fiscal Studies
Suggested citation
Henry, A and Ray-Chaudhuri, S. (2024). 'Living standards, poverty and inequality in the UK: 2024 (Presentations)' [Presentation]. London: Institute for Fiscal Studies. Available at: https://ifs.org.uk/publications/living-standards-poverty-and-inequality-uk-2024-presentations (accessed: 10 February 2025).
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