The four graphs that show why our household finances face a very bumpy road ahead
There's no knowing how the UK economy will fare over the next few months. Whether wages will finally pick up and businesses boom or if a downturn is just around the corner – as tends to happen every few years.
But a series of data released by the Bank of England and the Office for National Statistics suggests that households could struggle if things take a turn for the worse.
These four graphs offer a snapshot of the difficulties British households are already facing.
1. Household saving ratio has hit a record low The savings ratio is the proportion of our income that we stash away every... read more
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