Daily uk news Want to live an 'average' lifestyle in the UK? You'll need to earn £42,000 a year to support a family - nearly £14,000 more than the typical employee's pay packet - or both need to work  PremierLeague-News.Com

PremierLeague-News.Com - Typical annual outgoings are £30,571, with the average British family - consisting of 2.4 people - saving around £2,160.

Daily uk news Want to live an 'average' lifestyle in the UK? You'll need to earn £42,000 a year to support a family - nearly £14,000 more than the typical employee's pay packet - or both need to work  PremierLeague-News.Com

PremierLeague-News.Com - Typical annual outgoings are £30,571, with the average British family - consisting of 2.4 people - saving around £2,160.

Daily uk news  Want to live an 'average' lifestyle in the UK? You'll need to earn £42,000 a year to support a family - nearly £14,000 more than the typical employee's pay packet - or both need to work  PremierLeague-News.Com
06 April 2021 - 13:30

PremierLeague-News.Com - Breaking Sport Transfer News ! Britons need to earn more than £42,000 to pay for an average lifestyle, a new study claims today. Typical annual outgoings are £30,571, with the average family - consisting of 2.4 people - saving around £2,160, according to data from the Office of National Statistics. This means a single earner would need to earn £42,781, producing an after-tax income of £32,731, to cover this level of spending and saving. That is nearly £14,000 higher than last year's average UK salary before tax of £29,009 - meaning that for the average couple both people would have to work to get by.  ONS Privacy Policy A single earner would need to earn £42,781, producing an after-tax income of £32,731, to cover this level of spending and saving, according to a new analysis today. File photo of an office worker That figure covers men and women in full and part time work. The average salary for full-time employees in £35,423 and £12,083 for part time workers. Recent advertised jobs in the £42,000-per-year pay bracket include Executive Director of Pavilion Dance South West, a community arts organisation; and a team leader role with Warwickshire County Council. Other jobs falling under this bracket include solicitors, marketing managers, hospital executives and university academics. If two people in a family both received a salary, this would need to amount to £18,714 (£16,366 after tax) for a 'normal' lifestyle. RELATED ARTICLES Previous 1 Next Britain's biggest publisher Penguin Random House refuses to... University of Sydney student paper is slammed for...

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. The ONS data was analysed by bankruptcy specialists IVA Advice and seen by The Express. It comes amid a rise in the number of people seeking financial help during Covid, with the Salvation Army's debt advice centres seeing requests for help increase by 28% last year.A quarter of all people given debt support needed help negotiating with creditors, councils and landlords to pay for basic bills including utilities, council tax and rent. ONS data showing the average salary for different occupations in the UK, according to the latest figures from 2020 Lorraine Cook, Financial Inclusion Development Manager, said: 'The Government took swift action to cushion the country from the economic fall out of the pandemic. This action safeguarded the livelihoods of millions of people. 'Schemes like the Universal Credit uplift and furlough were lifelines, but for many it wasn't enough to prevent a slide into debt.'It's not just people who have lost jobs, nearly a fifth of those who got in touch with us last year cited low income as the main source of their debt, reflecting the rise of in-work poverty which now affects one in eight families in the UK.' One debt adviser operating in Devon and Cornwall, called Nadine, recalled one particular case that stuck with her.  'A man in his 60s came to us having been made redundant after 40 years in employment and he was living on the breadline,' she said. 'He couldn't afford food, wasn't able to pay for basic bills and was facing the prospect of living in his car as he was unable to pay for rent.'Thankfully we were able to intervene. We gave him a food parcel, ensured he had an energy supply and advised him on how to apply for Universal Credit and other benefits.'  Read more: Latest UK and World News, Sport and Comment | Express.co.uk DM.later('bundle', function(){ DM.has('external-source-links', 'externalLinkTracker'); });

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