{"id":4888,"date":"2015-10-28T19:49:23","date_gmt":"2015-10-28T12:49:23","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/soaring-pensions-lift-uk-living-standards-to-pre-recession-levels\/"},"modified":"2016-02-16T13:40:59","modified_gmt":"2016-02-16T06:40:59","slug":"soaring-pensions-lift-uk-living-standards-to-pre-recession-levels","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/soaring-pensions-lift-uk-living-standards-to-pre-recession-levels\/","title":{"rendered":"Soaring pensions lift UK living standards to pre-recession levels"},"content":{"rendered":"<p>&#013;<br \/>\nHousehold incomes back at 2007-08 level, but those in work have not enjoyed the same recovery as the retired populationLiving standards in Britain have finally returned to pre-recession levels because of the rising incomes of the nation\u2019s retirees, the Office for National Statistics (ONS) has said.The latest snapshot of household incomes showed that, more than seven years after the financial crisis, the losses suffered in the most severe downturn of the modern age had finally been recouped. Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"http:\/\/www.theguardian.com\/money\/2015\/oct\/28\/uk-living-standards-return-to-pre-recession-levels-after-seven-years\" target=\"_blank\">Soaring pensions lift UK living standards to pre-recession levels<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Household incomes back at 2007-08 level, but those in work have not enjoyed the same&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-4888","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-1gQ","jetpack-related-posts":[{"id":133482,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/groundhog-year-uk-disposable-incomes-to-fall-by-3-8-in-2023\/","url_meta":{"origin":4888,"position":0},"title":"\u2018Groundhog year\u2019: UK disposable incomes to fall by 3.8% in 2023","date":"December 30, 2022","format":false,"excerpt":"\r The Resolution Foundation thinktank forecasts a drop in living standards for a second year as the cost of living crisis deepensHouseholds are facing a \u201cgroundhog year\u201d in 2023, as soaring gas bills and planned tax rises squeeze disposable incomes and send living standards tumbling for the second year running.Higher\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":100706,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/no-deal-brexit-would-trigger-lengthy-uk-recession-warns-sp\/","url_meta":{"origin":4888,"position":1},"title":"No-deal Brexit would trigger lengthy UK recession, warns S&amp;P","date":"October 31, 2018","format":false,"excerpt":"\r Credit agency warns of property price falls, unemployment doubling and inflation spiking in latest grim forecastBritain\u2019s economy will suffer rising unemployment and falling household incomes that would trigger a recession should Theresa May fail to secure a deal to prevent the UK crashing out of the European Union next\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":16256,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/triple-lock-deal-keeps-pension-incomes-rising-and-puts-pay-in-the-shade\/","url_meta":{"origin":4888,"position":2},"title":"Triple lock deal keeps pension incomes rising \u2013 and puts pay in the shade","date":"November 22, 2015","format":false,"excerpt":"\r The average retired household income has outstripped inflation by 14.3%, while workers\u2019 pay has fallen 4.4%The wealth gap between retirees and workers has accelerated since the recession, as pension incomes rose while pay remained stagnant, according to a report released today.Since 2008 the average retired household income has grown\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":26181,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/america-is-finally-back-on-its-feet-but-the-poor-are-being-left-behind\/","url_meta":{"origin":4888,"position":3},"title":"America is finally back on its feet but the poor are being left behind","date":"September 15, 2016","format":false,"excerpt":"\r The latest Census Bureau report has much to cheer but a deeper look at how we measure poverty shows how much more needs to be doneYay! America is back on its feet again. At least according to the US Census Bureau, which said this week that median family incomes\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":72999,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/millennials-will-have-similar-pensions-to-baby-boomers-says-report\/","url_meta":{"origin":4888,"position":4},"title":"Millennials will have similar pensions to baby boomers, says report","date":"November 27, 2017","format":false,"excerpt":"\r Analysis by Resolution Foundation offers upbeat forecast of retirement prospects of young adults, though news for men in 40s is grimYoung adults will have retirement incomes similar to today\u2019s pensioners, according to analysis which rejects widespread pessimism about the financial prospects for millennials.Men in their 40s will suffer a\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":87173,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/pensions-is-it-right-to-charge-45-55-tax-on-incomes-above-26000-patrick-collinson\/","url_meta":{"origin":4888,"position":5},"title":"Pensions: is it right to charge 45-55% tax on incomes above \u00a326,000? | Patrick Collinson","date":"May 5, 2018","format":false,"excerpt":"\r High earners get 40% relief, lower earners 20%, so the poor get much less tax relief than the well-offThis is going to be a difficult column to write. I\u2019m about to make a plea for tax changes on behalf of people with \u00a31m-plus pensions. Why? Because our tax system\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/4888"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=4888"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/4888\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=4888"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=4888"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=4888"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}