Posted 3/4/2024, 3:03:00 PM
Squeezed in the Middle: Families Earning £60-120k Say High Costs Mean They Struggle Despite Above Average Pay
- Households earning £60k-£120k say high costs of living mean they struggle financially despite above average incomes
- Key expenses like mortgages, childcare, bills eat up large chunks of incomes
- Single parents and families with kids report more financial strain than childless households
- High earners feel "squeezed" and resentful over rising taxes amid public service cuts
- Many fear they've hit income ceilings and won't achieve living standards they expected
