ASDA - Family spending power at a 12 month low as wage growth sees steepest decline since the start of the 2008 recession

£1 a week fall in discretionary household income for UK families last month says Asda Income Tracker – the second consecutive year-on-year decline

• The average UK family had £155 a week of discretionary income in April 2013, down £1 a week from the same month last year and £10 a week from its peak in February 2010
• Rising unemployment and the lowest wage growth on record were both key