How UK cash withdrawals have reached a record high
The cost-of-living crisis has led to a 20 per cent year-on-year rise in cash withdrawals.
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Reviewing politics
and culture since 1913
The cost-of-living crisis has led to a 20 per cent year-on-year rise in cash withdrawals.
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Pay growth at the top has reached 11 per cent while the bottom tenth of earners have seen their wages…
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Household incomes are set to fall by 3.6 per cent in 2022 and 4.3 per cent in 2023.
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Since January 2019 house prices have risen by 25.6 per cent – twice as fast as wages.
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A proposal by Liz Truss would have further depressed public sector wages that have fallen in real terms since 2010.
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First-time buyers have been priced out of the housing market by wealthier people.
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They have contributed 58 per cent of the party’s donations and loans so far this year.
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The British economy will grow just 0.5 per cent next year according to the IMF’s latest forecast.
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