Resolution Foundation warns UK faces deepest living standards squeeze in a century, as three million more people could be pulled into absolute poverty
- UK households’ spending power to drop by £3,000, warns thinktank
Here are the main findings from Resolution Foundation’s report into the UK’s living standards crisis:
The report also shows how boosting productivity – a long term problem for the UK – would be much more beneficial for living standards than abolishing the increase in National Insurance rates, as Liz Truss has pledged.
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