{"id":133482,"date":"2022-12-30T07:01:33","date_gmt":"2022-12-30T00:01:33","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/groundhog-year-uk-disposable-incomes-to-fall-by-3-8-in-2023\/"},"modified":"2022-12-30T07:34:27","modified_gmt":"2022-12-30T00:34:27","slug":"groundhog-year-uk-disposable-incomes-to-fall-by-3-8-in-2023","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/groundhog-year-uk-disposable-incomes-to-fall-by-3-8-in-2023\/","title":{"rendered":"\u2018Groundhog year\u2019: UK disposable incomes to fall by 3.8% in 2023"},"content":{"rendered":"


\nThe Resolution Foundation thinktank forecasts a drop in living standards for a second year as the cost of living crisis deepensHouseholds are facing a \u201cgroundhog year\u201d in 2023, as soaring gas bills and planned tax rises squeeze disposable incomes and send living standards tumbling for the second year running.Higher mortgage costs as fixed-rate loans come to an end and new deals are negotiated will add to the financial burden already felt by millions of households reeling from the worst fall in living standards in a century. Continue reading…
\n
\nSource : theguardian.com
\nRead more…\u2018Groundhog year\u2019: UK disposable incomes to fall by 3.8% in 2023<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The Resolution Foundation thinktank forecasts a drop in living standards for a second year as...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-133482","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-yIW","jetpack-related-posts":[{"id":50376,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-households-savings-fall-to-record-low-in-warning-sign-for-economy\/","url_meta":{"origin":133482,"position":0},"title":"UK households' savings fall to record low in warning sign for economy","date":"March 31, 2017","format":false,"excerpt":"\r Figures suggest people are increasingly dipping into their savings as disposable income also fallsBritish households ran down their savings to a record low at the end of 2016 and disposable incomes fell in a warning sign for the economy that a squeeze in living standards is under way.The savings\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":133585,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-homeowners-are-you-considering-downsizing-for-cheaper-mortgage-repayments\/","url_meta":{"origin":133482,"position":1},"title":"UK homeowners: are you considering downsizing for cheaper mortgage repayments?","date":"January 5, 2023","format":false,"excerpt":"\r We\u2019d like to hear from homeowners in the UK who are thinking of downsizing to a cheaper property in order to reduce monthly mortgage paymentsAs disposable incomes in the UK are forecast to slump by 3.8% in 2023, and more than five million families could see their annual mortgage\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":23181,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/britons-better-off-than-ever-as-disposable-incomes-jump-to-record-high\/","url_meta":{"origin":133482,"position":2},"title":"Britons better off than ever as disposable incomes jump to record high","date":"August 17, 2016","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...Britons better off than ever as disposable incomes jump to record high","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":94665,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-pensioners-income-growth-outstrips-wage-rises-figures-suggest\/","url_meta":{"origin":133482,"position":3},"title":"UK pensioners' income growth outstrips wage rises, figures suggest","date":"July 25, 2018","format":false,"excerpt":"\r Median disposable income of retired households increased by 1.4%, according to ONSBritain\u2019s pensioners enjoyed a faster rate of growth in their disposable incomes last year than working-age adults after guaranteed state pension increases outstripped wage rises, according to official estimates.The median disposable income for retired households increased by \u00a3300\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":4888,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/soaring-pensions-lift-uk-living-standards-to-pre-recession-levels\/","url_meta":{"origin":133482,"position":4},"title":"Soaring pensions lift UK living standards to pre-recession levels","date":"October 28, 2015","format":false,"excerpt":"\r Household incomes back at 2007-08 level, but those in work have not enjoyed the same recovery as the retired populationLiving standards in Britain have finally returned to pre-recession levels because of the rising incomes of the nation\u2019s retirees, the Office for National Statistics (ONS) has said.The latest snapshot of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":7436,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/five-markers-of-adulthood-millenials-have-had-to-give-up-on\/","url_meta":{"origin":133482,"position":5},"title":"Five markers of adulthood millenials have had to give up on","date":"March 10, 2016","format":false,"excerpt":"\r Lack of disposable income and rocketing living costs are forcing young adults to miss out on key milestonesDo you remember when you were young enough to say: \u201cWhen I grow up I want to ... have a house with a garden\/be a vet\/fly to space\/get married?\u201d It was a\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/133482"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=133482"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/133482\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=133482"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=133482"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=133482"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}