UK wellbeing still 13% below pre-credit crunch levels as squeeze on family finances continues to hurt living standards (Daily Mail Online)

Wednesday, October 24, 2012

By Steve Nolan

The UK has seen a massive decline in living standards since the beginning of the global economic crisis, a government report revealed today.

The report, released by the Office for National Statistics (ONS), revealed that a mix of high inflation and deep recession has left national well-being down more than 13 per cent since the crisis began.

The report was released hours before Bank of England governor Sir Mervyn King hinted that Britain could be set to emerge from its double-dip recession based on new growth figures due out tomorrow.

  1. 2020 (2)
    1. October (1)
    2. August (1)
  2. 2019 (6)
  3. 2018 (5)
  4. 2016 (14)
  5. 2015 (8)
  6. 2014 (36)
  7. 2013 (14)
  8. 2012 (21)
  9. 2011 (18)
  10. 2010 (17)
  11. 2009 (26)
  12. 2007 (3)
  13. 2006 (1)
  14. 2005 (2)