Monday, May 27, 2013

Brits Surprisingly Resilient to ‘Spare Cash Strain’

British Families Feeling Spare Cash 'Strain'

British families have suffered the worst deterioration in their spending power in 12 months because of a sharp decline in wage growth, a CEBR report has found that after paying essential bills, the average household now has just £155 left over in spare cash each week. With employment prospects weakening and average pay only rising by 0.8% over the year to April, the lowest rise since CEBR figures began in 2001 the figures in the article look quite rose tinted.

Posted by enuii @ 11:51 AM (5547 views)
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2 thoughts on “Brits Surprisingly Resilient to ‘Spare Cash Strain’

  • mark wadsworth says:

    But at least house prices are staying unaffordably high, that makes it all right.

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  • stillthinking says:

    Good for them

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