Why the Past Five Years Have Felt so Expensive
By Times News
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Analysis of official ONS data revealed that the country has suffered the biggest five-year fall in household spending power since 1956. Despite sharp wage rises, families are earning more yet feeling significantly poorer. So, why isn’t your pay packet going as far as it used to? Oisín Cahalane, a data journalist, explains. #costoflivinguk #ukeconomy #personalfinance #inflationuk #thetimes Read the best of our journalism: https://www.thetimes.com/ Listen live to Times Radio: https://www.thetimes.com/radio/live Subscribe to The Times and The Sunday Times YouTube channel: https://www.youtube.com/subscription_center?add_user=timesonlinevideo Find us on Facebook: https://www.facebook.com/timesandsundaytimes/ Find us on X: https://x.com/thetimes Find us on Instagram: https://www.instagram.com/thetimes/
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