Ferocious squeeze on Middle Britain as higher taxes and stagnant earnings eat into living standards

A ferocious squeeze on Middle Britain is likely to be highlighted this week with figures showing that higher taxes and stagnant earnings are corroding living standards.

And unlike those further down the earnings scale, those in the middle do not have their total spending power boosted by benefits.

The annual report by the Office for National Statistics on Tuesday on the effects of taxes and benefits on household income is expected to highlight the situation..... Daily Mail