How inflation is worse for women
Prices are rising faster for items aimed at women, who tend to be poorer already.
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Economics
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Economics
Inflation could end the current economic model
The 50-year arrangement between producer economies and consumer economies is breaking down. What comes next?
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Two thirds of UK families to enter fuel poverty by January
If annual bills rise to £4,200, 66 per cent of families will be considered fuel-poor.
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The UK’s inflation rate is higher than any other G7 country
Britain is the only major Western economy in which inflation has hit double digits.
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UK real wages have fallen at a record rate
Earnings remain below their 2008 level after falling 3 per cent over the past eight months.
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Higher inflation spells danger for the UK’s public services
An extra £8.3bn will now be needed to maintain current public service spending levels.
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The top 1 per cent are the only group whose pay has grown faster than inflation
Pay growth at the top has reached 11 per cent while the bottom tenth of earners have seen their wages…
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UK households face worst fall in living standards for 60 years
Household incomes are set to fall by 3.6 per cent in 2022 and 4.3 per cent in 2023.
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