Budget 2023: UK facing 'lost decade' for living standards - IFS

A leading economic think tank has responded to the budget, saying that households will feel "continued pain" over the coming year with incomes being squeezed.

The Institute for Fiscal Studies's Paul Johnson warned of "a lost decade for living standards".

#budget2023 #skynews #economy

Read budget analysis: https://news.sky.com/story/jeremy-hunt-avoided-any-big-bangs-in-his-first-budget-but-there-is-still-potential-for-blow-ups-12834694

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