Free money: households have an additional £2,000 compared with the recession lull, ONS says

Households in the UK £2000 more money to spend this year than they did before the crisis, according to official figures.

According to estimates by the office for National statistics also showed that the average household size was an extra £300 to spend in 2018 compared to the same period in 2017.

Revenues fell as a result of the crisis in 2009 before starting to recover in 2013. Overall, the average household will now lead to 13pc more money every year to 2018 than they were five years ago, according to the national statistics service.

The rate at which disposable income of households growing and slowed down, however.

Households saw free cash rise by 1.2 PC in the fiscal year ending April 2018, compared with the same period…

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