Low incomes up just £300 over 10 years

EIGHT million poor Brits will see their incomes rise by just £300 over this decade, a report warns.

But higher earning households’ pay should rise by £3,100 over the same period, said the Resolution Foundation.

Director Torsten Bell said: “Poorer families are falling further behind as they bear the brunt of £14billion of welfare cuts.”

He said living standards would start to rise again next year – slowly.

Shadow Chancellor John McDonnell said: “The poorest have been forced to shoulder the burden of almost eight years of Tory economic failure.”