Boost wages or cut rents?

Politicians have their crosshairs firmly centered on the ‘squeezed middle’. These low- and middle-income families, excellently described by the Resolution Foundation, will be key to all electoral campaigns in 2015.

The financial squeeze for these families has come from stagnating incomes and the rising cost of living. So far, most political attention has been on the income side of the equation.

From the Living Wage, to the income tax threshold, to tax credits and the 10p tax band, politicians … Read more