UK On Course For Longest Fall In Living Standards

A Stark new report shows the UK faces the lowest productivity growth since 1812. A Resolution Foundation Budget analysis showed Britain is on course for the longest period of falling living standards since the 1950s. Treasury analysis also found that poorest households will be hit hardest by long-term policy. The report titled "Freshly Squeezed" said that there is a "bleak outlook" for Britain's families, as living standards fall for the longest period ever documented.