UK disposable incomes squeezed by price rises and tax changes
UK households experienced a 0.8% decline in disposable income in the first quarter due to rising prices and increased taxes. The Office for National Statistics reported a 0.6% GDP growth during this period, with all three main economic sectors expanding. Analysts anticipate future economic growth may slow amid rising energy prices.
How does this story land?
Summary by OZbrief Editorial · The Guardian Australia – Business · Source
Take it further — get the full app and never miss a moment of what's happening in Australia.
This publisher's site can't be shown here due to their security settings.
Open full article →No source link available for this article.
Published 30 Jun 2026, 10:23 UTC · Updated 30 Jun 2026, 10:40 UTC
Summary by OZbrief Editorial. Original report: The Guardian Australia – Business. Editorial policy · Corrections
Trending
- Cody Gakpo and partner Noa van der Bi announce miscarriage of son
- Court returns proceeds of house sale seized from convicted paedophile
- Abigail Velez apologizes for controversial comment about Bosnia during broadcast
- Katrina Kroetch showcases women's magic talent at Melbourne Magic Festival
- Former CFMEU chief pleads for drug trafficker tied to Big Build corruption
- Paul Hogan has reportedly called Pauline Hanson a ‘pelican’. Please explain?