n the 50 years since Andersons was founded, much has changed in the economy, society and farming. In 1973, the UK population was 56.2 million, with an average life expectancy of 72 years. Today it is 20% higher at 67.5 million, and people can expect to live 10 years longer.Inflation on the retail price index (RPI) in September 1973 was 94.8, now it is 1,371.3 (September 2022), so prices have gone up about 14-fold. Wages averaged £1,300-£1,400/ year in 1973, compared with just over £31,000 in 2022, a 23-fold rise.
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