Discover and read the best of Twitter Threads about #NickStern

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@joelymack Here’s some data if it helps. U.K., that was at the top of the G7 prior to Brexit is now an outlier.
@joelymack 2/. ONS. Household expenditure now exceeds income. First time since 1988 Average £900 shortfall.

Not all households face the same budget pressures – the poorest 10% of households are most likely to spend more than they receive in income
ow.ly/5nhG30l7Nue
@joelymack 3/. Q2 2018. Red Flag Research that monitors the financial health of UK companies, 472,183 businesses were experiencing ‘Significant’ financial distress at the end of June 2018, up 9% compared to the same stage last year (Q2 2017:).

begbies-traynorgroup.com/news/business-…
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