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Poorest hit hardest by price rises in recent years

Geoff Riley

15th December 2014

New data highlights that the lowest income households in the UK have seen the fastest increase in the cost of living over the last decade. This article is part of the ongoing and wider debate about falling real wages even as the UK economy recovers from the last recession.


Data is available from the ONS website:

Geoff Riley

Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.

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