UK disposable incomes squeezed by price rises and tax changes
•ONS confirms 0.6% GDP growth in first quarter, with services, production and construction sectors expandingBusiness live – latest updatesUK households suffered a drop in disposable incomes in the firs...
هذا الخبر من The Guardian World. خبر يقدم أدوات ذكاء اصطناعي للتلخيص والترجمة والاستماع.
المصدر: The Guardian World | Source: The Guardian WorldONS confirms 0.6% GDP growth in first quarter, with services, production and construction sectors expanding
UK households suffered a drop in disposable incomes in the first three months of the year as price rises and extra wealth taxes hit average spending power.
The Office for National Statistics said a rise in the consumer prices index (CPI) measure of inflation in the first quarter and higher capital gains tax receipts reduced real household disposable income by 0.8% from January to the end of March.
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This article was originally published by The Guardian World. Khabr is a licensed Jordanian AI-powered news platform (Registration #82086). We add editorial value through: AI-powered news analysis, automated summaries, AI audio narration, multi-language translation (Arabic, English, French, Turkish), and AI fact-checking. Our mission is to make news more accessible and understandable for Arabic-speaking audiences worldwide.
