A year on, £14 a week down

Midweek Sport - - NEWS -

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.

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