British households could face a prolonged squeeze on their finances, with the Resolution Foundation estimating that typical disposable incomes could fall by £1,050 by 2028–29.

The estimate accompanies warnings from economic analysts and think tanks that improvements in living standards could slow dramatically. The latest Budget is also being criticised for providing insufficient targeted support to struggling households.

The concern is not simply whether living standards improve, but how much relief any improvement would bring to households already under financial pressure. The warning of slower progress and the projected fall in disposable incomes are distinct assessments; neither establishes what every household will experience.

The government has promised to tackle the cost of living. The criticism of the Budget centres on whether enough support is directed towards those struggling, rather than whether that broad ambition is desirable. No detailed government response to that criticism is included in the supplied material.

The £1,050 figure is a projection, not a recorded loss. The information provided does not specify its comparison point, the assumptions behind it or how the impact might vary between households. Those omissions limit how precisely families can relate the estimate to their own budgets, although the warning points to the possibility of continued financial pressure through 2028–29.