TYPICAL household incomes across Yorkshire and the Humber are now only 0.4 per cent - or £94 a year - below their pre-downturn levels in 2008, new analysis has suggested.

The data, from the independent think-tank, the Resolution Foundation think-tank, said the annual regional household income in 2014 was £21,396, heading back towards the £21,490 of 2008 seven years ago.

During the downturn, typical incomes across the region fell by two per cent, or £435 a year, between 2007-/08 and 2012-/13.

The rise in living standards since the start of the downturn is partly attributed to the region's healthy jobs performance, with its employment rate nowcurrently 1.8 per cent higher than inits early -2008 level.

Laura Gardiner, senior policy analyst at the think-tank Resolution Foundation, said: "Yorkshire and the Humber experienced a long but shallow downturn, with incomes falling by around £440 a year between 2008 and 2012. Living standards have recovered since then, and are set to surpass their pre-crash level this year.

"This is partly explained by its resilient jobs market, and the region now has a higher employment rate than it did back in 2008."