Stagflation and weak economic growth have reportedly led to a gap in living standards valued at £8,300, or well over $10,000 More than a decade of economic stagnation has left British households 25% poorer than their peers in such countries as France and Germany, according to the latest research, which was published on Monday. The study, by the Resolution Foundation and the Centre for Economic Performance at the London School of Economics, shows UK living standards are 3% below their peak in 2020, and are continuing to fall. “Were Britain to close the average income and inequality gap to its peers of Australia, Ca
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