UK’s low-income families to lose a fifth of their spare cash in 2022

Rising energy bills, food and transport costs are set to plunge many families into the red

The UK's poorest families will see the amount of spare cash at their disposal drop by a fifth this year with 850 less to spend on non-essentials as shop prices hit a decade high.

Pressure on family budgets is tightening as grocery price inflation reached 5.2% in March, the highest level since April 2012, according to the latest figures from market analysts Kantar.