Property News · November 6, 2016

Higher inflation and rising debt threatens millions in UK


Experts warn of imminent fall in living standards due to sharp fall in value of pound after referendumUK households should brace themselves for a combination of rising inflation, low pay and increased debt that will squeeze living standards next year and push more people into financial difficulty, experts have warned.Higher inflation, weak wage growth and rising levels of consumer debt are expected to weigh on households next year as the economy adjusts to the post-referendum environment. Continue reading…

Source : theguardian.com
Read more…Higher inflation and rising debt threatens millions in UK

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