Economics

Britons Already Worried Over Budgets as Cost-of-Living Crisis Gathers Speed

  • Confidence in economy and personal spending power falling
  • High street under pressure as U.K. braces for big price rises

Shoppers pass along the high street in Croydon, Greater London, U.K. 

Photographer: Chris Ratcliffe/Bloomberg
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The U.K.’s fast-approaching cost-of-living crisis is already making Britons worry about their budgets, setting up a rocky 2022 for households and businesses still reeling from the impact of the pandemic.