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Millions of Britons face poverty – research ...News
The outlook for UK living standards will be “shocking” and “terrifying,” a think tank warns Households in Britain will see their spending power slashed by an average of £3,000 ($3,471) by the end of next year, analysis from the Resolution Foundation think tank showed, as cited by The Guardian. The study indicated that spiking energy bills would cut household incomes in the country by 10% and push an extra 3 million people into poverty. The outlook for living standards was “shocking” and “terrifying,” the think tank warned, noting that without serious government support, the drop in the typical household’s income w
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