Current Cost Of Living Increase 2024 Uk

Current Cost Of Living Increase 2024 Uk. As of the 21st november 2023, the government has announced their new 'national living wage' rates for 2024 as £11.44 an hour, and have adjusted this to include 21 year olds and over. The average cost of essentials 2 is forecast to stabilise, following a rapid increase of 24% between 2021 and 2024.


Current Cost Of Living Increase 2024 Uk

What is the current rate of uk inflation? Among trading businesses, more than 1 in 6 (18%) expect to increase the price of goods or services they sell in january 2024, according to our latest business insights and conditions survey.

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