Britons face biggest crisis in decades ...News

Russia Today - Economy
Britons face biggest crisis in decades
source : Russia Today ( News ) () 23
Highest cost of living predicted in the UK in nearly 70 years The UK is facing the biggest decline in living standards since comparable records began in the 1950s, according to an independent forecast. The London-based Centre for Economics and Business Research (CEBR) released a report on Monday, saying that the "cost of living crisis" has "well and truly" arrived in the UK. CEBR cites the recent uprating of the energy price cap – reflecting the global rise in energy costs – as the reason, saying that average UK households will be paying a whopping 73% more for their energy bill than compared to a year ago. In add

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