One in Six U.K. Households Struggles With More Pain Ahead: ChartBy
Around one in six U.K. households had “great difficulty” or “difficulty” in making ends meet in 2015, according to Eurostat. While that’s below the estimated average of 26 percent across the European Union, it’s more than triple the proportion of struggling Swedes and about double the percentage in Germany. With inflation forecast to accelerate this year and grocers such as Wm Morrison Supermarkets Plc warning price increases will soon hit, British consumers look set to face a further squeeze on living standards this year.