A year on, £14 a week down
FAMILIES are £14 a week worse off than they were a year ago, having been hit by the “biggest squeeze on record”, says a leading retailer.
The average UK family has been left with £162 of weekly disposable income — a 7.9% drop compared with the same period in 2010.
Asda’s Income Tracker for August found last month’s tumble was the biggest decline since its records began in 2007.
The report blames increasing inflation.