Cost of Living Squeezed More for Wealthiest Than Poorest, Report

Institute for Fiscal Studies (IFS) says typical British annual income will drop by £360 a year, while the poorest incomes will drop by £182 year.
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Cost of Living Squeezed More for Wealthiest Than Poorest, Report
Chancellor of the Exchequer, George Osborne, poses for a photograph with a newly minted one pound coin during a visit to the Royal Mint, in Cardiff March 5, 2011. He was attending the Conservative Party is in Wales annual spring forum. Toby Melville - WPA Pool/Getty Images
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<a><img src="https://www.theepochtimes.com/assets/uploads/2015/09/109788912.jpg" alt="Chancellor of the Exchequer, George Osborne, poses for a photograph with a newly minted one pound coin during a visit to the Royal Mint, in Cardiff March 5, 2011. He was attending the Conservative Party is in Wales annual spring forum. (Toby Melville - WPA Pool/Getty Images)" title="Chancellor of the Exchequer, George Osborne, poses for a photograph with a newly minted one pound coin during a visit to the Royal Mint, in Cardiff March 5, 2011. He was attending the Conservative Party is in Wales annual spring forum. (Toby Melville - WPA Pool/Getty Images)" width="320" class="size-medium wp-image-1806363"/></a>
Chancellor of the Exchequer, George Osborne, poses for a photograph with a newly minted one pound coin during a visit to the Royal Mint, in Cardiff March 5, 2011. He was attending the Conservative Party is in Wales annual spring forum. (Toby Melville - WPA Pool/Getty Images)
Peter Simmons
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