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£1,000 warning to people in UK with £2.2 trillion wiped from households

£1,000 warning to people in UK with £2.2 trillion wiped from households
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United Kingdom , Ian Mulheirn , Resolution Foundation , South East , South West , Your Money ,

Households are £2.1 TRILLION worse off amid soaring interest rates

Household wealth has slumped by almost a quarter since 2021, estimates from the Resolution Foundation think-tank reveal. ....

United Kingdom , Ian Mulheirn , Resolution Foundation , Financial Fairness , Second World War , Financial Fairness Trust , World War Ii ,

Younger people could emerge as winners from rising interest rates – report

A ‘new normal’ of higher rates could end a wealth boom driving intergenerational inequality, the Resolution Foundation said. ....

United Kingdom , Ian Mulheirn , Mubin Haq , Financial Fairness , Resolution Foundation , Financial Fairness Trust ,

Britons hit by biggest fall in wealth since Second World War

Spiralling interes rates have caused wealth to tumble by £2 trillion, says think tank – but says young people could still be ‘winners’ if house prices fall ....

United Kingdom , Jeremy Hunt , Mubin Haq , Ian Mulheirn , Resolution Foundation , Financial Fairness , Second World War , Liz Truss , Rishi Sunak , Financial Fairness Trust ,