UK living standards hit by rising prices and weak wage growth

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Resolution Foundation says households suffering worse than 1990s recession

Britain’s weak wage growth and rising prices have delivered a hit to living standards of a severity normally only seen during a deep recession, a leading thinktank has said.

 

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And Brexiteers tell us things will be better when we break away from our biggest trading partners

KarenLeeMP What living standards would those be?

I hope that this doesn't worsen with Brexit Without doubt these post referendum years have brought uncertainty to overseas investors who will remain observing developments until there is a clear path to the European market The new UK authorities must be prudent in their decisions

How confusing. I'm sure the Guardian was telling me wages were up just hours ago. Not that I really believed it, but I was willing to entertain the notion.

Err, we had the biggest wage rise for 11 years today. Less workers means fair wages.

Sounds like Australia, another country with their politicians believing in trickle-down economics and 'giving to the rich helps the poor'.

Britain’s weak wage growth and rising prices have delivered a hit to living standards of a severity normally only seen during a deep recession, a leading thinktank has said.

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