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


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

  • average incomes are expected to fall by more than £2,000 li>
  • typical disposable income of working-age family households is on track to fall 3% this fiscal year and 4% by April 2024

More on the Resolution Foundation coin is here.

The GBP is up a touch during the session, the USD a bit weaker almost across the majors. The ranges are not large. Japan I’m on vacation today.

This article was written by Eamonn Sheridan at www.forexlive.com.


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