Cost Of Living 2024 Social Security Forecast Uk. Households in the united kingdom have experienced a significant fall in living standards since late 2021. The cost of living increased sharply across the uk during 2021 and 2022.
Updated figures for retirement living standards reveal a shift in the cost of retirement living driven by. The tables give detailed information about the levels of expenditure across the social security system[footnote 1] in great britain (gb) and the united kingdom (uk).