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How the cost of living crisis is hammering UK households - in charts Highest inflation rates since the 1980s and wage stagnation have squeezed household budgets Britain is facing the highest rates of inflation since the early 1980s, with households suffering the biggest hit to their incomes since modern records began. Energy bills are soaring, as is the cost of petrol. Food inflation is at a 13-year high, running at 8.3%, the market research firm Kantar said on Tuesday. The government has announced billions of pounds in emergency financial support, but has faced ...
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