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Low and middle income earners at greater risk in another financial crisis

LOW and middle-income households are more vulnerable to the next economic downturn as a result of the last financial crisis, a new study suggests.

A decade of weak income growth has left lower-income families in a more vulnerable position since the last recession, says the Resolution Foundation in a report published today.

The think tank previously warned that the risk of recession is at its highest level since 2007.

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