Impact of interest rate rises on disposable income
Research by the Institute of Fiscal Studies into the impact of interest rate rises on those with mortgages.
..a significant hit to mortgagors’ disposable incomes (i.e. incomes after mortgage payments) at a time that families are already under strain – on average disposable incomes will fall by 8.3%, with those aged 30-39 again seeing the biggest hit (almost 11%). For some the rise will be substantially larger: almost 1.4 million – 690,000 of whom are under 40 – will see their disposable incomes fall by over 20%.
And from The Big Issue on rent levels
Renters continue to face a relentless increase in rents, compounding wider cost of living pressures and making home moving decisions ever more challenging, especially for singles and those on lower incomes.
How young people are building the social and solidarity economy
Nine ways in which young people are building a better economy worldwide, which we desperately need.
The social and solidarity economy is an ethical and values-based approach to economic development… In April 2023, the United Nations General Assembly (UNGA) adopted a resolution promoting the social and solidarity economy for long-term sustainable development through the advancement of the 17 Sustainable Development Goals (SDGs), also known as Global Goals.
Unsteretotype Alliance
A thought and action platform that is seeking to eradicate harmful stereotypes. Do take a look at their Gender Equalities Attitudes Study 2022.
Archaeology and Creativity
The CBA Festival of Archaeology will take place on 15 – 30 July this year and the theme is archaeology and creativity (Susan is very excited).
Archaeology at its heart is a creative process. It’s about exploration and imagination, it’s visual stimulation and inspiration; it’s the process by which we create memory and meaning. By drawing on innovative technologies and using a wide range of tools archaeology helps us think about the world we live in.
Archaeology is about storytelling and archaeologists use creative practices such as art, music, creative writing, poetry and theatre to bring to life the material we uncover and the stories of the places and people around us.’
Craft skills under threat with 17 additions to the Red List of Endangered Crafts
This is quite an extraordinary list, certainly food for thought.