In this Commentary, we assess the changes to average incomes, inequality and poverty that have occurred since 1979, with a particular focus on the changes that have occurred in the latest year of data (2008-09) and since 1996-97. This analysis is based upon the latest figures from the DWP's Households Below Average Income (HBAI) series, published on 20 May 2010 (Department for Work and Pensions, 2010). The HBAI series takes household income as its measure of living standards, and is derived from the Family Resources Survey, a survey of around 25,000 households in the United Kingdom that asks detailed questions about income from a range of sources.
Source: Institute for Fiscal Studies
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