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    Austerity/Aushmerity

    The median UK household disposable income was £26,300 in the financial year ending 2016 (2015/16); this was £600 higher than the previous year and £1,000 higher than the pre-downturn value of £25,400 in 2007/08 (after accounting for inflation and household composition).

    Median disposable income for the poorest fifth of households rose by £700 (5.1%) between 2014/15 and 2015/16; in contrast the income of the richest fifth of households fell by £1,000 (1.9%) over the same period.

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