Woman in doing her shopping
Media playback is unsupported on your device
Video

Steepest drop in UK living standards for 35 years

Middle income families across Britain are seeing an "unprecedented collapse" in their living standards as rising costs and low pay wipe around £2,000 off the typical household budget.

According to the respected Institute for Fiscal Studies, some of the biggest losers will be children pushed into poverty.

The BBC's North of England correspondent Danny Savage reports on the steepest fall in household incomes for nearly 35 years.

  • 11 Oct 2011
  • From the section UK
Go to next video: UK poverty set to increase