Skip to main content
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.

Donate to the Fighting Fund
Support the Morning Star
You have reached the free limit.
Subscribe to continue reading.
More from this author
Aslef flag
Transport / 18 April 2025
18 April 2025

Walkout follows long-running dispute over sacking

Similar stories
protest
Features / 31 March 2025
31 March 2025
The economic value of disability benefits far outweighs their cost, argues Dr DYLAN MURPHY
Rachel Reeves
Features / 22 February 2025
22 February 2025
In his first of a new monthly economics column MICHAEL BURKE argues that public-sector investment is more effective, more productive than private-sector investment