UK households cost of living crisis, average incomes likely to fall by more than £2,000 | Forexlive

A private ‘think tank’ firm in the UK says households are only halfway through a two-year cost of living crisis:

• average incomes likely to fall by more than £2,000
• typical disposable incomes for working-age family households on track to fall by 3% in this financial year, and by 4% in the year to April 2024

More on the piece from the Resolution Foundation is here.

GBP is up a touch on the session, the USD a little weaker nearly across the majors board. Ranges are not large. Japan i sout on a holiday today.