Swiss Economicblogs.org
ONS data suggest that UK households lived beyond their means in 2017 as they became net borrowers for the first time in nearly 30 years.The latest UK sectoral accounts from the Office for National Statistics (ONS) has received considerable attention over the past few days as it shows UK households’ outgoings surpassed their income in 2017 for the first time in nearly 30 years. The ONS noted that, on average, each UK household spent or invested around GBP 900 more than it received in income...
Read More »Europe chart of the week – UK households
