Families face 'triple whammy' hit to finances of over £500, study finds

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FAMILIES face a “tripple whammy” hit to their pockets of more than £500 in the coming six months, a study shows. Households with children could see their income plunge £20 a week resulting from ris…

FAMILIES face a “tripple whammy” hit to their pockets of more than £500 in the coming six months, a study shows.

Households with children could see their income plunge £20 a week resulting from rising living costs,Families face 'triple whammy' hit to finances of over £500 in coming six months, a study foundThe hardest hit in the ‘living squeeze’ will be low and middle income families, the Resolution Foundation say.

Living pressures hitting the country will see inflation hitting 4 per cent over the winter, some utility bills up 12 per cent next month andA couple with two children, both working full-time and earning slightly above the new NLW would be £23 a week worse off.

“Low-and-middle-income families will face the tightest squeeze. Many drivers of high inflation should be short-lived, but that will be of little comfort to families struggling over the coming weeks and months.

 

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If they voted for Brexit and/or the The Tories then sorry I do not care 🤷🏿‍♂️ don’t vote for what you cannot afford

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