One in Five Households Have 'Negative Disposable Income' in Britain

One in Five Households Have 'Negative Disposable Income' in Britain


One in five British households now has a “negative disposable income” in which they are £60 short of meeting their essential needs such as rent, energy, food and transport.

Data compiled in the monthly Asda Income Tracker by the Centre for Business and Economic Research (Cber) has shown that the cost of living crisis, which has seen costs rise by 11 per cent in the year until June, has resulted in a record 18 per cent decline in household disposable income.

The decline means households now have £43.95 per week or £175.80 less per month to spend on non-essential items compared to last year, with disposable income falling to just £200 per month after taxes and other essential payments were made. June was the eighth

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