Families across the UK have only experienced half the lost income they are expected to suffer from falling living standards, a think tank suggests
The biggest impact of the cost of living crisis is yet to come, according to new research which suggests the average household will be £2,100 worse off by the end of the next financial year.
The cumulative 7% drop will leave households worse off than they were before the pandemic until 2028, the think tank said. The researchers also found 11% said at some point over the last month they went hungry because they did not have enough money, while before the pandemic 5% said they went hungry for lack of money.
"Low-income families have been hit hardest by soaring energy bills and food prices, and are most likely to have seen both their financial circumstances and their health deteriorate.
Belgique Dernières Nouvelles, Belgique Actualités
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