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Voice of the Commonwealth - The Global Influencer

Voice of the Commonwealth - The Global Influencer

UK households to face the ‘year of the squeeze’

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LONDON (CU)_UK household budgets are currently under mounting pressure as a result of historical price pressures and the economic downturn brought about by the pandemic. The situation is only expected to worsen over the next year, according to a leading think-tank which has warned that consumers are facing a “cost of living catastrophe”.

In November, inflation in the UK hit…

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