British Families Nearly Ł600 A Year Worse Off
In spite of an average Ł20 weekly increase in earnings, a typical British household had 7.4% less disposable income. A study says that an essential basket of weekly goods, including petrol, train tickets, food and utility bills, now costs Ł412, Ł31 more t
According to research from Centre for
Economics and Business Research (CEBR), undertaken for Asda, British
families are nearly Ł600 a year worse off than 12 months ago because
of rising utility and food prices.
The leading supermarkets have
introduced cheaper products in an attempt to keep customers, who are
defecting in their thousands to discount chains such as Lidl and
Aldi.
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