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UK households spend above their income for longest period since 1980s  Average families are web borrowers since simply when Brexit vote, says ONS British households have spent over they received for AN unprecedented  9 consecutive quarters amid a extended squeeze on real incomes, per official figures. Households across the country are web borrowers in quarterly between Oct 2016 – once living prices began to rise when the Brexit vote – and Gregorian calendar month 2018. The workplace for National Statistics aforesaid the run of 9 quarters was unprecedented  on comparable records chemical analysis back to 1987. Household finances had been stressed since before the EU vote amid sluggish wage growth since the 2008 monetary crisis, whereas cuts to advantages obligatory beneath self-discipline have conjointly broken incomes. Average real wages stay below the height recorded in 2007. UK business investment slide, however trade war optimism boosts stocks - business live However,