Economics
UK Household Incomes Are in The Longest-Ever Run of Declines
- Real incomes have fallen for four straight quarters, ONS says
- Figures highlight the severity of the cost of living crisis
UK disposable incomes dropped 0.2% in the first three months of the year.
Photographer: Chris Ratcliffe/BloombergThis article is for subscribers only.
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UK household incomes are on their longest downward trend on record, as the nation’s cost of living crisis saps the spending power of British households.