Advice on the measurement of the poverty premium across UK markets

1. The CMA wishes to commission advice on the feasibility of, and approach to, developing a robust methodology for measuring the 'poverty premium' (i.e. the extent to which customers on lower incomes are paying higher prices for goods and services than those on higher incomes, across markets in the UK). 2. We want to have access to measures that will inform our work by identifying markets in which customers on lower incomes are paying higher prices, and providing an indicator of the scale of the harm (or premium) experienced by these customers. We want to build on existing research and government datasets, but expect the need for new data collection on prices paid by individuals (and househ…

Read all of it on Contracts Finder →