Average UK household £2,900 worse off due to the cost-of-living crisis, study finds
Summary
A study finds that UK households have been left thousands of pounds worse off, five years into the cost-of-living crisis: had inflation been at normal levels over the period, the average household would be £2,900 better off than it currently is. The report comes as Andy Burnham promises 'breathing space' for families in the upcoming Budget.
Latest: A study found that the average UK household would be £2,900 better off had inflation been at normal levels, leaving households thousands of pounds worse off due to the cost-of-living crisis.
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How it unfolded
Thursday 8 October
A study found that the average UK household would be £2,900 better off had inflation been at normal levels, leaving households thousands of pounds worse off due to the cost-of-living crisis.
- 05:57Manchester Evening NewsUK households 'almost £3,000 worse-off' five years into cost-of-living crisis
- 01:35Bristol PostWhy the average family is now £2,900 worse off
- 01:22The IndependentHow much the average UK family is worse off thanks to cost-of-living crisis
Wednesday 7 October