Disposable income in UK to drop to its lowest since 1950s – report

Disposable income in UK to drop to its lowest since 1950s – report

Experts say that high inflation would force Britons to spend less, causing a downturn in the economy The UK is poised to enter a ‘household recession,’ as soaring prices weaken consumer confidence and force people to cut back on spending, the Confederation of British Industry (CBI), a leading business group that speaks for 190,000 UK…

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