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Definitions

Affordability

Saddique Ansari

28 Jan 2020

Affordability of housing

The Halifax housing affordability index shows the changing burden of mortgage repayments as a percentage of disposable income – income less income tax and national insurance contributions (NICs).

Go to: Housing Market

Two people sitting on a desk discussing work and reviewing documents

How IR35 has reshaped the economics of the UK contracting market

IR35 has affected UK contractors for more than 25 years, but the biggest change came when the government shifted responsibility for status decisions away from contractors and onto clients. The public sector reforms took effect in 2017, followed by the private sector in 2021. Since then, medium and large organisations
27 Sep 2026 4 min read
Alarm clock face showing "2026" changing to "2027" behind rising stacks of silver coins

What Is a Financial Plan and Why Is Financial Planning Important for Your Future?

Why Having a Financial Plan Matters Earning a good income doesn't automatically mean you have a clear financial direction. People can save, invest, pay down debt, and contribute to retirement accounts without necessarily having these pieces working toward the same objectives. So, what is a financial plan, and
24 Sep 2026 4 min read
Overhead view of a person working at a laptop showing a budget spreadsheet, with a calculator, receipts and a notebook on the desk

The Economics of the Household: Time, Unpaid Work and the Family Budget

The principles of microeconomics, such as scarcity, opportunity cost and specialisation, apply to the economist's analysis of the way people make decisions regarding activities within their homes, for example, the division of time between paid employment, housework and leisure; allocation of limited income among competing needs, which a
24 Sep 2026 3 min read
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