ritons are spending greater than Americans for smaller homes and it’s making these within the UK worse off than their friends throughout the Atlantic, influential assume tank the Social Market Foundation claims.
In a brand new report wanting on the distinction in wealth between the UK and US, the SMF famous that consumption within the US is round 30% larger than within the UK after cost-of-living variations between the nations are accounted for. Much of this distinction is in healthcare and transportation, two areas the place the SMF mentioned it was not clear whether or not America’s larger consumption is definitely main to raised outcomes.
