London, April 13 (IANS) Surging energy prices triggered by escalating tensions in the Middle East are set to weigh on British households, with new analysis pointing to a deterioration in living standards as global oil markets remain volatile. According to a report released Monday by the Resolution Foundation, the median working-age households in Britain are projected to be about 480 pounds (about 650 US dollars) worse off over the current financial year than previously expected, as higher energy…
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