Sunday, 21 April 2013

Economy News Headlines - Yahoo! News: Squeeze on Britons' finances worsens for first time in 2013 - poll

Economy News Headlines - Yahoo! News
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Squeeze on Britons' finances worsens for first time in 2013 - poll
Apr 22nd 2013, 02:13

People shop at a supermarket in LondonLONDON (Reuters) - Britons' finances deteriorated in April at a faster pace than in March as incomes fell and living costs rose, and households expected the squeeze to continue, reducing their ability to spend and support the economy. Survey compiler Markit said on Monday that its headline Household Finance Index fell to 37.7 from 39.3 in March, sinking further below the 50 level that would mark no change compared with a month ago. That is the first drop in the index since December. The index is not adjusted for seasonal influences due to a limited history of data. ...


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