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UK Families ‘Nearly £9,000 Worse Off’ Compared to Other Countries, Report Says

British families are nearly £9,000 worse off than households in comparable countries due to a "toxic combination" of low growth and inequality, according to a new report.

A study published by the Resolution Foundation think tank and London School of Economics (LSE) estimates that the income of the typical low- and middle-earning family is a third less - or £8,800 worse off - than in comparable nations.