Families will be £7,000 out of pocket by 2015 as economic crisis creates 'ferocious squeeze' on incomes

Families in the UK will have an average of £7,000 less to spend by 2015, as lower wages and high unemployment hits incomes, according to new figures. The economic crisis will continue to create a 'ferocious squeeze' on families, with rising energy, food and fuel costs also crippling families, the House of Commons analysis reveals. Daily Mail