NewsBot
31-Dec-22, 12:52
The Caithness Business Index (http://www.caithness-business.co.uk) has posted the following article:
British Families Face A ‘groundhog Year' As 2023 Re-runs 2022's Income Falls Despite Signs Inflation Has Peaked
While 2023 may offer economic policy makers some relief, with signs inflation will ease and interest rates peak lower than feared, family finances face a ‘groundhog year' repeat of 2022’s squeeze as the cost-of-living crisis deepens next year, according to the Resolution Foundation’s New Year Outlook published 30 December 2022. The Foundation says that 2022 has been horrendous, with the first double-digit inflation in four decades prompting interest rates to rise, and living standards to tank. [Read Full Article (https://caithness-business.co.uk/article/18846)]
British Families Face A ‘groundhog Year' As 2023 Re-runs 2022's Income Falls Despite Signs Inflation Has Peaked
While 2023 may offer economic policy makers some relief, with signs inflation will ease and interest rates peak lower than feared, family finances face a ‘groundhog year' repeat of 2022’s squeeze as the cost-of-living crisis deepens next year, according to the Resolution Foundation’s New Year Outlook published 30 December 2022. The Foundation says that 2022 has been horrendous, with the first double-digit inflation in four decades prompting interest rates to rise, and living standards to tank. [Read Full Article (https://caithness-business.co.uk/article/18846)]