UK Consumers face ‘lost decade’ as spending squeeze bites

British consumers face another three years of squeezed spending, an influential report suggests, amounting to a “lost decade” for households. Annual wage growth is likely to remain well below the 4.5 rises seen before the financial crisis struck in 2008, the EY Item Club survey says. Th…

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UK Consumers face ‘lost decade’ as spending squeeze bites

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