Living standards in the last parliament fell for the first time since the 1950s

Average annual growth in real household disposable income per person, by parliament

Liberal Party

Conservative

Labour

5.0%

1964-66

Harold Wilson

1997-01

Tony Blair

2.5

1910-

18

2019-24*

0.0

1979-83

Margaret Thatcher

comes to power

-2.5

Liberal Party

Conservative

Labour

5.0%

1964-66

Harold Wilson

1997-01

Tony Blair

2.5

2019-24*

1910-18

0.0

1979-83

Margaret Thatcher

comes to power

-2.5

Guardian graphic. Source: Resolution Foundation analysis of ONS and Bank of England data. Note: *Data for most recent parliament only to end of March 2024