30 million in UK ‘priced out of decent standard of living by 2024’

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Thinktank blames rising prices, inflation and unemployment, and called for national living income

Thirty million people in the UK will be unable to afford what the public considers to be a decent standard of living by the time the current parliament ends in 2024, according to a study.

The New Economics Foundation, a left-leaning thinktank, said rising prices, below-inflation increases in earnings and projected increases in unemployment would result in 43% of households lacking the resources to put food on the table, buy new clothes or treat themselves and their families – a 12 percentage point rise compared with 2019.

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 ALL Credit of this post going to https://www.theguardian.com

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