Brits are today braced for a 'Groundhog Year' of high taxes, bills and mortgages
will now come down after peaking at a busting 11.1 per cent in October, while wholesale energy prices are also falling.
But despite the glimmers of hope, the think tank warns the pain for families will not offset the "living standards headwinds" next year.perspective, 2022 was a truly horrendous year – far worse than any year in the pandemic or financial crisis. 2023 should see the back of double-digit inflation, but it looks set to be a groundhog year for many families whose incomes look set to fall by just as much as they did in 2022.”A Treasury spokesman said: "
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