"Last year, our neighbours in Ireland were worse off but now we can’t even console ourselves with that. We are now officially bottom of the pile. We may still be enjoying the fourth highest household income in Europe but the high cost of living means that we’re living to work."
France and Spain top the index of ten countries.
The table considered working hours, VAT, holidays, health and education costs and hours of sunshine. British households struggle with the highest food and diesel prices in Europe, while petrol, alcohol and cigarettes cost more than the average on the continent, the report says.
Britons also have the lowest holiday entitlement in Europe and one of the highest retirement ages. One of our biggest concerns is the "broken society", according to the survey.