"Britons are facing the biggest decline in living standards since records began in the 1950s, the Office of Budget Responsibility (OBR) reported on Wednesday.
"Real household disposable income, a measure of real living standards, will drop by 5.7% over the financial years 2022-23 and 2023-24 ... the largest two-year fall since records began in 1956-57."
"Britons are facing the biggest decline in living standards since records began in the 1950s, the Office of Budget Responsibility (OBR) reported on Wednesday.
ReplyDelete"Real household disposable income, a measure of real living standards, will drop by 5.7% over the financial years 2022-23 and 2023-24 ... the largest two-year fall since records began in 1956-57."
https://www.theinteldrop.org/2023/03/17/uk-living-standards-drop-to-lowest-on-record/