The UK's economy suffered a worse-than-expected 0.2% contraction in the final quarter of 2011, it was revealed today, fuelling fears of another recession.
Households who took out a cheap fixed price energy deal last summer are likely to be quids in despite recent announcements of price cuts by the major firms, according to comparison site uSwitch.com.
Low to middle income earners will not see their disposable income approach pre-recession levels until 2020 at best, a report from think-tank the Resolution Foundation warned today.
More than a third of people have cut back on their food spending in the last year to help cover their rent or mortgage costs, showing the "tough" choices faced by families, housing charity Shelter has said.
19 January 2012
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