More than 1.5million people will struggle to pay for energy and food this year with the UK on the brink of a recession, a think tank has warned.
In its latest quarterly outlook of the UK economy, the National Institute of Economic and Social Research (NIESR) warned that a combination of rising prices and higher National Insurance tax are hitting the poorest households hardest.
Inflation - the rate at which prices rise - is at a 30-year high, as the Ukraine war drives up fuel and energy prices. Early forecasts suggest it could have hit 8% in April.
