Consumer savings rate plunges to 2.6% as flat income growth and rising energy costs strain household budgets
Higher energy costs can force consumers to raid their savings and lean more into debt to cover expenses.
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Fresh cost of living warning as energy bills and wages pile pressure on families
A new report warns households face a fresh cost of living squeeze as energy bills rise, wage growth slows and the jobs market weakens.
Fresh cost of living warning as energy bills and wages pile pressure on families
A new report warns households face a fresh cost of living squeeze as energy bills rise, wage growth slows and the jobs market weakens.
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