With an affordability crisis in the headlines and expectations from the spring financial statement, my curiosity was raised on the data. Where do families spend their money and how does this change by income band.
The data is of course available via the ONS (link here) with the data explorer dashboard below.
It is important to note that this data excludes mortgage and loan payments.
[data notes: data source: https://www.ons.gov.uk/peoplepopulationandcommunity/personalandhouseholdfinances/expenditure/datasets/familyspendingworkbook2expenditurebyincome ]
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