A post by @unusual_whales on X.
UK households face a “painful” few years, as forecasts show living standards barely growing, per the BBC.
@unusual_whales on X
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UK working-age households are projected to see disposable income fall by £1,050, or 3%, by 2029, according to Resolution Foundation forecasts cited by the BBC. The outlook points to a “painful” few years in which living standards barely grow, with the current decade on track to be the worst on record for income performance. The figures underscore persistent pressure on UK consumer finances even as headline economic conditions evolve. Watch for further Resolution Foundation analysis and official ONS income data to confirm whether the projected squeeze deepens.
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Named in this story
UK households, Resolution Foundation, BBC