U.K. Workers See Incomes Stagnate as Generational Gap Widens
- Incomes of working households just 0.3% above 2008 level
- In contrast, retirees have seen incomes surge 15% since crisis
An employee serves a customer inside a Pret a Manger outlet in London.
Photographer: Luke MacGregor/BloombergThis article is for subscribers only.
Since the financial crisis, it pays to be old in the U.K.
While the disposable incomes of retired households have risen 15 percent since 2008 in real terms, for working households it’s been almost a decade of stagnation.