UK’s Sunak Set to Unveil Cost of Living Support UK households’ disposable income has fallen by the most since 2008, according to grocer Asda Group Ltd. , underlining the extent of the country’s cost-of-living crisis as the government steps up efforts to tackle it. Weekly household income to spend on non-essentials dropped by £40.38 ($50.77) on average in April from a year earlier, the biggest decline since the UK’s third-largest supermarket operator started publishing a tracker on the data. It has fallen to £205 a week, the lowest since October 2018. Chancellor of the Exchequer Rishi Sunak on Thursday announced plans to provide grants of £650 to more than 8 million of the poorest households, financed via a tax on energy firms’ windfall profits. Asda, considered to be the most value-focused of Britain’s “big four” grocers, said it has spent more than £90 million expanding its range of budget-friendly […]