Disposable income is considered to be the amount of money which is left over after tax, mortgage or rent payments, loan payments and energy bills have been deducted.
According to the Times, nearly a third of households experienced a yearly decrease of £1,200 in their income due to altered working hours and pay freezes.
An increase in unemployment, and a marginal increase in salaries for those who are employed, the Bank of England is also expected to reveal.
The energy watchdog Ofgem suggests that households could save more than £100 per year by comparing suppliers and switching both their gas and electricity bills. This works out as a monthly saving of around £8.
Click here to run an energy price comparison, and see if you could be paying less for your gas and electricity.