UK living standards see worst decline on record

Britons are facing

The country is set to avoid a recession but Britons face the highest taxes since WWII, an official report shows.

Britons are facing the biggest decline in living standards since records began in the 1950s, and the highest taxes since World War II, as the economy grinds to a halt this year, the Office of Budget Responsibility (OBR) reported on Wednesday.

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