Low-income families will find it “near impossible” to afford food, heating and bills as UK faces a decade of falling incomes, a charity has said in a stark new warning.
New analysis from the Joseph Rowntree Foundation claims that by the end of this parliament, disposable incomes in Britain will be on average £550 lower per year than in September 2024 – a fall of 1.3 per cent – and £570 lower than today.