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View Full Version : 2022 Set To Be The ‘year Of The Squeeze' As Wages Stall And Families Face A £1,200 Hi



NewsBot
31-Dec-21, 18:22
The Caithness Business Index (http://www.caithness-business.co.uk) has posted the following article:

2022 Set To Be The ‘year Of The Squeeze' As Wages Stall And Families Face A £1,200 Hit From Next April As Energy Bills And Taxes Rise




2022 is set to the ‘year of the squeeze', with real wages set to be no higher next Christmas than today, and families face a typical income hit of around £1,200 a year from April as a result of tax rises and soaring energy bills, according to new Resolution Foundation research published on 29 December 2021. The Foundation’s latest quarterly Labour Market Outlook looks ahead to how workers and families will be affected by the big economic shifts in 2022. [Read Full Article (https://caithness-business.co.uk/article/15643)]