Brits Worse off Than in Pre-Crash 2008 Research Shows
Wednesday 18 September, 2019 Written by Simon CollyerHARD TIMES - Research from the New Economics Foundation has found that Britons are actually £128 worse off than they were at pre-financial crash levels in 2008. The think tank has argued that the current methods used to calculate GDP neglect to include key factors of determining the cost of living, such as increasing food prices and housing costs.
FairMoney.com, the UK's leading fair loan price, has conducted national research of their own which has revealed the extent to which personal finances in Britain have felt a significant strain. FairMoney.com's Poverty Stricken Britain research unveiled the following;
- A fifth of Brits – 10.5 million - believe that they are in the worst financial position that they have ever been in because of Brexit.
- Over half of Brits - 53% - said that their average disposable income per week is less than £0
- One in five women in Britain feel that their mental or physical health has suffered as a result of financial stress incurred from Brexit
- Over an eighth of Brits -15%- believe that financial issues incurred from Brexit have caused strain in their marriages or relationships
- 43% of Brits - 22.2 million - don’t understand how Brexit will affect household bills
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