Tag: Asda Income Tracker

The latest figures from Asda’s Income Tracker show the squeeze on household disposable incomes is much worse for families living in certain parts of the UK than others – with households in Northern Ireland living on average weekly disposable income of just £95. The decrease in disposable income has been particularly evident for low-earning families, with 40% of UK households in negative income territory last month – meaning their take home pay did not cover spending on bills and essentials.  Families in Northern Ireland, the North East and West Midlands…

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Low income households continue to be disproportionately affected by the cost of living crisis, as the latest Asda Income Tracker shows that 40% of the UK’s 28m households* had negative discretionary income last month – meaning their take home pay doesn’t cover the cost of their bills. Despite wages going up by almost 3% compared to this time last year, households in the lowest-income quintile had a shortfall of £72 a week last month after paying for essentials such as accommodation, energy, clothing and food. They have seen their discretionary…

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