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flag UK households face a £356 drop in living standards by 2025, with the richest hit hardest.

flag The Resolution Foundation forecasts a potential £356 decline in living standards for UK households by 2025, with the poorest 10% seeing a 2% drop in disposable income but gaining £28 from improved public services. flag The top half of earners face a 0.4% or £140 fall in living standards, while the richest 10% could lose £356. flag Chancellor Rachel Reeves aims to boost public services to mitigate these impacts, though economic growth is uncertain.

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