Three charts that explain why falling living standards could deepen the UK's north-south divide
- Written by Tolu Olarewaju, Economist and Lecturer in Management, Keele University
SrideeStudio / ShutterstockLiving standards are set to fall by 7% in the UK over the next two years, according to the Office for Budget Responsibility (OBR) – the government’s independent economic forecaster – but some areas will be hit harder than others.
Generally, when living standards fall it means people can afford fewer (or...
