Austerity....not on the radar yet, says Aviva

Coinciding with the Jubilee is Aviva's latest family finance report with a special look at how the financial circumstances of UK families have changed over the last 60 years. Headline changes include an increase in home ownership at 70% compared with 31% in 1952. Also mentioned are changes to the value of these properties (now typically £162,722 - 86 times more expensive than they were in 1952 (£1,891)). But there are similarities between then and now too. Strict austerity, minus the ration book, is once again on the menu. The government has cut spending, jobs are scarce and gro...