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The Independent UK
The Independent UK
National
Vicky Shaw

Households ‘could face £100-per-month budget shortfall by 2024’

PA Archive

Households could be left around £100 per month short of what they need to cover their spending in just two years’ time on average, as costs rise faster than incomes, a report suggests.

The report estimates that, by 2024, average weekly incomes could increase to £680 by 2024 – while average weekly UK household spending may reach £705 as energy prices and other costs push up the prices of goods and services.

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