This video looks at how household living standards have changed over the course of the pandemic.
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Macroeconomics: UK economy, IB Economics
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A brief overview of relevant articles for IB and A-Level all relating to the UK economy
Curated by
Graham Watson
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Deprivation in Greater Manchester may have been exacerbated by Covid but its sources go back much further, say local people
Graham Watson's insight:
Not much in the way of economic theory, but a snapshot of deprivation - and an indication of the multi-faceted nature of poverty and inequality in Greater Manchester. 
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Sir Michael Marmot’s report says Covid figures from Manchester reveal sharp decline in social conditions
Graham Watson's insight:
And here's a stark reminder of how poverty affects people, and why inequality is so iniquitous. There's been a significant drop in life expectancy in the poorest parts of Greater Manchester, making the strongest possible case for levelling up.
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The IFS has looked into the impact of the pandemic on living standards, with a focus on deprivation.
Interestingly, despite the loss of income in the recent past, there's little evidence of a significant uptick in deprivation but some groups, notably the self-employed, who have received lower levels of state support.
Similarly, there's also an ethnic dimension to this - with Pakstani and Bangladeshi families also seeing a rise in deprivation.