Published 23 hours ago • loading... • Updated 5 hours ago

Working UK households set to be hundreds worse off over coming year

UK households face a “triple hit” from rising taxes and bills, plus benefits failing to match living costs.
Tax increases, rising utility bills, and a freeze on local housing allowance create financial strain.
Wage growth weakening and housing costs rising further worsen household financial situations.
Adam Corlett stated that the new tax year brings higher taxes and larger bill increases.
Working-Age households will be £400 worse off, but a Universal Credit boost could help.

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Plymouth Herald

Center

89pc of UK workers unhappy with their current pay

The findings come as prices increase across the country

9 hours ago·Plymouth, United Kingdom

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thepatriotlight.com

Far Right

ThePatriotLight - Households Will Be £400 Worse Off Owing to Higher Bills and Taxes, Think Tank Predicts

ThePatriotLight - Non-pensioner benefits are rising by only 1.7 percent, which is considerably less than the inflation forecast of 3.2 percent.Working households will be £400 worse off over the next year owing to higher taxes and utility bill increases, with benefits not keeping up with the cost of living, according to analysis by the Resolution Foundation.The think tank said in its report on Thursday that long-running freezes to personal tax th…

5 hours ago

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Daily Express

Right

'Triple blow' as Brits told they'll be £400 worse off after Reeves' tax hikes

The outlook for living standards is 'historically bleak'.

13 hours ago·United Kingdom

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Birmingham Mail

Lean Left

UK households with electric or gas ovens risk charge of up to £97 from this week - Birmingham Live

As the new financial year begins, UK households are facing sharp increases in essential bills leading many to dub this month "Awful April."

17 hours ago·Birmingham, United Kingdom

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theboltonnews.co.uk

+5 Reposted by 5 other sources

Center

Working UK households set to be hundreds worse off over coming year

Working age households are on track to be £400 worse off on average in the year ahead amid income squeezes and bill hikes, a think-tank predicts.

22 hours ago

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Bloomberg

+2 Reposted by 2 other sources

Lean Left

UK Living Standards Face £400 Hit From Taxes and Bills, Think Tank Says

Higher taxes and bills will leave the typical UK household £400 ($517) worse off in the coming fiscal year despite an inflation-busting increase in the minimum wage, analysis by the Resolution Foundation think tank found.

23 hours ago·United States

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