Today news
About the same in other media
Squeeze on UK incomes to last until late 2023, says OBR
Reading now: 754
British households will remain worse off than before the pandemic until 2023 as rising inflation hits living standards, the Treasury’s economics watchdog has warned as Rishi Sunak sought to defend his budget.
Charlie Bean, a former Bank of England deputy governor and board member of the Office for Budget Responsibility, said that growth in household incomes, after taking account of inflation, would effectively stall over the next two years.
Answering questions from MPs on the Treasury committee on
Read more on theguardian.comAbout this in other media
Levelling up? If anything, things are getting worse for the lowest paid in the UK theguardian.com /2 years ago
Almost $500bn ‘lost to tax abuse by firms and super-rich in 2021’ theguardian.com /2 years ago
Wholesale energy prices hit second highest level in at least three years theguardian.com /2 years ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
