BoE survey confirms household squeeze

The results of a survey of household finances, published on Monday by the Bank of England, finds that 71% of British homeowners and tenants have experienced declines in their disposable income in September compared with the same month last year.

The survey, conducted by NMG Research on behalf of the central bank and published in the Bank's latest Quarterly Bulletin, finds that households "experienced a decline in the income they had available after meeting household bills and had saved less t