The UK’s living standards crisis is intensifying
As inflation hits 7 per cent, real wages are falling at the fastest rate since 2013.
By![The UK’s living standards crisis is intensifying The UK’s living standards crisis is intensifying](https://dl6pgk4f88hky.cloudfront.net/2022/04/00028995b.jpg)
New Times,
New Thinking.
As inflation hits 7 per cent, real wages are falling at the fastest rate since 2013.
ByBy failing to control prices, the government boosts profits and cuts wages. It’s a straight choice.
ByWith wages failing to keep up with soaring prices, households are turning to short-term borrowing, which increases the risk of…
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ByAs inflation rises, manufacturers are at risk of “demand destruction” if they increase prices.
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