Original source
By Leith van Onselen
Tullet Preborn recently released its new essentials index, which attempts to measure the real cost of living in the UK. The report paints a grim picture for UK households, which appear to be getting squeezed by falling real incomes and rising living costs.
Below are the key charts and analysis from the report, which is provided in full below.
First, real (inflation-adjusted) incomes have been declining since the onset of the Global Financial Crisis (GFC) in 2008:
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Of course those Britain's who had secured their wealth in gold over this period have been protected.
By Leith van Onselen
Tullet Preborn recently released its new essentials index, which attempts to measure the real cost of living in the UK. The report paints a grim picture for UK households, which appear to be getting squeezed by falling real incomes and rising living costs.
Below are the key charts and analysis from the report, which is provided in full below.
First, real (inflation-adjusted) incomes have been declining since the onset of the Global Financial Crisis (GFC) in 2008:
------ / ------
Of course those Britain's who had secured their wealth in gold over this period have been protected.
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| Chart from Goldprice.org |
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