Financial Advice
Search the site:
UK economy
Search News
Find an IFA
Enter name, town or postcode
Browse
Bank Accounts
Credit Cards
Household Bills
Insurance
Investments
Loans
Mortgages
Pensions
Property
Savings
Tax
UK Economy

UK Spotlight
As Gordon Brown urges the rest of the world to follow his lead and pump billions of pounds of tax payer’s money into the banking system you could be mistaken for thinking that he has gone from zero...
→ Read More

Disclaimer
Financialadvice.co.uk adheres to the Financial Services and Markets Act 2000. This site contains only factual and readily available public information.

Loans
IVA Debt Advice Helpline
Cheap Loans
Home Insurance
UK economy News - Last Updated Wednesday 14th November 2007 → Syndicate this
More couples working and better off, says DWP


Wednesday 14th November 2007

More couples are in work and better off, according to new figures from the department for work and pensions (DWP).

Figures show that the proportion of 'work-rich' couples (where both partners are working) has increased from 57 per cent in 1994/5 to 67 per cent in 2005/6, while the proportion of 'work-poor' couples (where both partners are unemployed or inactive) has fallen from 14 per cent to eight per cent for the same period.

Incomes for all the groups, including those with children, were also fond to have increased by as much as £175 per week.

The minister for employment and welfare reform, Caroline Flint, said: "This research shows how initiatives introduced over the last ten years - such as the national minimum wage, tax credits and the 'New Deal' programmes - have been hugely successful in helping more people into work so that they and their children can lead happier and healthier lives.

"Work is the best way out of poverty for parents and their children, which is why we have set out plans to help even more people access the 660,000 job vacancies that exist."



Digg this Post to del.icio.us Post to Furl

→ Full UK economy News Archive
→ Return to Homepage


Other top stories in this section:
  • Gordon Browns crusade to save the financial markets
  • Are we on the verge of a global recession?
  • Rescue plan B needed fast
  • Alex Salmond told to concentrate on Scottish economy
  • HSBC flexes its muscles with $1.3 loan from parent

  • Guaranteed Debt Removal
    Write off up to 75% of your debt with an IVA and be debt free within months. Stop the interest charges and harrassment now. Apply online.

    © 2007-2008 FinancialAdvice.co.uk | Contact Us