Jump to content
House Price Crash Forum
Sign in to follow this  
exiges

Household Finances Under Pressure

Recommended Posts

http://www.bbc.co.uk/news/business-11053227

Household finances came under pressure on all fronts in August, according to market researchers Markit and YouGov.

Their Household Finance Index showed people were increasingly worried about losing their jobs and higher costs of living, despite the growing economy.

Some 30% of the 2,000 households polled said their finances had worsened from last month; 6% said they had improved.

And a Centre for Economics and Business Research (CEBR) study showed family spending power falling 2.5% in a year.

The CEBR survey, carried out on behalf of supermarket chain Asda and based on Office for National Statistics data, measured the amount of money that households had left to spend after paying taxes and buying basic items.

It indicated that the average UK household had discretionary income of £175 a week in July 2010, down from £180 a year earlier

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 145 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.