The Centre for Economics and Business Research (‘CEBR’) forecasts a rise in incomes of 0.5% in 2013. Recent years have seen households struggling as wages have often been frozen and inflation has been relatively high.

The CEBR study suggests middle and low income families will benefit most as real level incomes pick up.
 
The CEBR predicts a knock on effect for retailers: ‘After four barren years, there is finally a glimmer of light at the end of the tunnel’ says Daniel Solomon CEBR economist.