'JAMS' will be crushed over 5 years

Written by Linda Digby 25 Nov 2016
'JAMS' will be crushed over 5 years

The Autumn Statement offers little help to the ‘Just About Managing’ classes. Their overall incomes are set to be squeezed even more severely over the course of this Parliament than previously thought, according to a new analysis by the Resolution Foundation think-tank. They calculate that the inflation-adjusted incomes of the entire bottom third of the income distribution - the least well-off thirty per cent of households - will fall between 2015 and 2020. We can pray for the finances of the United Kingdom to function according to Kingdom values and the purposes and that plans in the recent Autumn Statement will bless the people. We can also pray for an end to greed, excesses and mismanagement by organisations.

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