UK households cost of living crisis, average incomes likely to fall by more than £2,000

A private 'think tank' firm in the UK says households are only halfway through a two-year cost of living crisis:

• average incomes likely to fall by more than £2,000
• typical disposable incomes for working-age family households on track to fall by 3% in this financial year, and by 4% in the year to April 2024

More on the piece from the Resolution Foundation is here.

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