Hi Everybody, Families have £10 less a week to spend than a year ago in a devastating squeeze on household finances, according to a report by the Bank of England.
The central bank’s Quarterly Bulletin said ‘available’ income – what is left after paying tax, housing costs, loan payments and utility bills – has fallen by £46 a month in the last year. Feeling the squeeze: Families are £46 a month worse off than the last year Feeling the squeeze: Families are £46 a month worse off than the last year That means the spending power of the average family has fallen by £552 in the last 12 months – leaving Britain on the brink of a double-dip recession. Read more: http://www.thisismoney.co.uk/money/news/article-2075845/Double-dip-threat-families-10-week-worse-off.html#ixzz1gxuQSpGs -- Regards, Pete http://pete-theisen.com/ http://elect-pete-theisen.com/ _______________________________________________ Post Messages to: [email protected] Subscription Maintenance: http://leafe.com/mailman/listinfo/profox OT-free version of this list: http://leafe.com/mailman/listinfo/profoxtech Searchable Archive: http://leafe.com/archives/search/profox This message: http://leafe.com/archives/byMID/profox/[email protected] ** All postings, unless explicitly stated otherwise, are the opinions of the author, and do not constitute legal or medical advice. This statement is added to the messages for those lawyers who are too stupid to see the obvious.
