Steven Ellis
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IFS report: 'Squeezed middle' face income drop

A report from the Institute for Fiscal Studies claims that middle-income families will see the biggest fall in income since the 1970s.

Steven Ellis has an 18-month-old son and an average income of £36,500. He says he has noticed an incremental fall in his disposable income, following rises in food prices, energy bills and petrol.

"We're finding it a little bit of a struggle," he said. "We need a break."

  • 11 Oct 2011
  • From the section UK