Many could find themselves pushed into poverty as cost of living crisis worsens

Households have been dealing with the highest spike in bills and taxes in living memory.

It’s hard to be optimistic. That’s the bleak message from economists as the latest figures show the UK economy shrank as consumers cut back on spending. Households have been dealing with the highest spike in bills and taxes in living memory.

Experts say with the risk of recession, many could find themselves pushed into poverty as the cost of living crisis worsens.

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