The government is expected to promise help for JAMs – those “just about managing” – in Wednesday"s Autumn Statement. But who makes up this group?
For former Labour leader Ed Miliband, the “squeezed middle” was a concern. Ex-Lib Dem leader and Nick Clegg, while deputy prime minister, often referred to “alarm clock Britain” – the bleary-eyed grafters struggling to raise families, while getting out to work, with little money left over to pay for luxuries.
Conservative Chancellor George Osborne concentrated on “hard-working families” – again, those not on huge wages, but juggling responsibilities and striving to keep going.
This week, in his first Autumn Statement, Mr Osborne"s successor Philip Hammond is expected to promise help for the group described by officials as JAMs, the households “just about managing” to avoid poverty – and feeling left behind by globalisation.
What is the Autumn Statement?A difficult trick to pull offFinancial upheaval ahead for familiesMany consider t..
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