Rising cost of essentials leaves UK households with less cash for treats
by Katie Allen from on (#26NG5)
Report by Lloyds suggests pound's steep fall since Brexit vote is raising import costs and leading to higher prices for consumers
Households are being left with less cash to spend on treats or to stash away as savings as the rising cost of essentials like food and fuel take a bigger chunk out of family budgets.
A new report on household finances from Lloyds bank echoed other signs that the pound's steep fall since the Brexit vote is raising import costs for the UK and trickling through to higher prices for consumers.
Related: Birds Eye and Walkers ask supermarkets for up to 12% price rises
Continue reading...