UK Living Standards Set to Fall as Household Incomes Shrink, Think Tank Warns
A UK think tank says households across the country face a drop in disposable income over the next three years, which would lower living standards.
The Resolution Foundation has warned that UK households are likely to see their disposable income decline over the next three years. The think tank said living standards are set to fall as a result.
It described the period ahead as a painful one for many households across Britain.