Labour MP Stephen Timms received a letter from from an eight year-old girl explaining how her life has become increasingly difficult with falling living standards and her family struggling to make ends meet.
The latest figures from the Office of National Statistics (ONS) shows little change for the people of Britain with unemployment remaining essentially flat at 7.7%, and inflation of 2.7% outpacing the slow rise in average wages.
The Consumer Price Index (CPI), a measure of the UK’s inflation, fell to 2.7% in the year to August, down from 2.8% in July.
House prices rose by 3.1% in the first half of 2013 according to the Office of National Statistics
Merchants and shopkeepers at Tehran’s Bazaar went on strike today as they protested against the free fall of the national currency, with the Iranian rial hitting an all-time low of 34,000 to the dollar.