The NIESR has produced a report (HERE) suggesting that disposable incomes will be cut next year for the first time in four years. Inflation is apparently going to rise to 4%.
This will impact the families that Mrs May warned were just managing and reinforces an earlier report by The Resolution Foundation (HERE). These are the very people the Conservatives are trying to help and probably those who voted heavily to leave the EU. How ironic.
It will be interesting to see how the Brexiteers argue this one, presumably it will be jam sometime later.
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