PERSPECTA

News from every angle

← Back to headlines

War in Middle East ‘could wipe out growth in UK living standards’

Rising oil and gas prices may hit increase of £300 a year for typical working-age households, says leading thinktank Business live – latest updates Conflict in the Middle East could trigger an energy price shock that wipes out anticipated growth in living standards in the UK worth £300 for a typical working-age household over the coming year, a leading thinktank has warned. The Resolution Foundation said a “decent” one-off increase in average living standards this year and a bumper rise for...

4 Mar, 14:08 — 4 Mar, 14:08
PostShare
Only 1 source covers this story