UK households feel the pinch with modest wage growth

London

UK LIVING standards are under more pressure than at any time in two-and-a-half years, and the squeeze is getting tighter.

Adjusted for inflation, regular pay rose just 0.1 per cent in the three months till February, the weakest since the third quarter of 2014.

That figure could turn negative in the coming months if forecasts for a further pick-up in price growth - to 3 per …