Middle East war pushes typical UK households £480 poorer this year

The ongoing Middle East war is expected to leave UK households £480 poorer this year, according to the Resolution Foundation. Higher energy prices since the conflict began have significantly impacted living standards, with typical working-age households projected to see a 0.6% income decline. The foundation urges government action to support struggling households amid rising costs.

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Summary by Glance · Original reporting by The Guardian Australia – Business