THE DAILY TELEGRAPH: The financial wellbeing of British families fell at the fastest rate in at least 14 years, according to data which underline how inflation and frozen wages are making life tough for many households.
Rising food prices, record gas bills landing on doormats and stubbornly high petrol prices has combined with steadily increasing unemployment and low wage growth to create a miserable few months for many. The eurozone crisis and plunging stock markets made matters worse, knocking confidence, according to Alliance Trust, which analyses a number of official data sources to compile its Financial Reality Index. Read on and comment » | Harry Wallop, Retail Editor | Friday, October 28, 2011
