• By clicking "OK" or continuing to use this site, you agree that we may collect and use your personal data and set cookies to improve your experience and customise advertising. To see how, and to learn how to control cookies, please read our Privacy Policy and Cookie Policy.
OK
Advertisement
In the last 2 hours
Greens join calls for a Wealth Tax in the UK The Green Party in Northern Ireland20:03
In the last 4 hours
In the last 6 hours
In the last 8 hours
Earlier today
Household Support Fund grants available for Coventry residents Coventry City Council (Press Release)10:22
Yesterday
In the last 7 days
Sadiq Khan Fact Checked By UK Statistics Authority Guido Fawkes' Blog01:16 15-Jun-24
Tyler Grange accredited as living wage employer Punchline Magazine10:42 14-Jun-24
Voters blame Brexit for cost-of-living crisis North East Bylines10:09 14-Jun-24
How to freeze interest on credit cards Money to the Masses10:04 14-Jun-24
Mortgage arrears almost double in 12 months Money to the Masses09:23 14-Jun-24
Taxi fares to rise in Shropshire as drivers feel the pinch Oswestry and Border Counties Advertizer00:45 14-Jun-24
Landscape harm stops affordable housing scheme PlanningResource16:19 13-Jun-24
UK spirits market declined by 5% in 2023 Drinks International14:24 13-Jun-24
Council approves £8.7m investment in Pitlochry High School Scottish Construction Now09:32 13-Jun-24
Funding to support those most in need extended to September North East Lincolnshire Council (Press Release)08:19 13-Jun-24
Students ‘working 50 hours a week’ as living costs bite Research Professional News00:06 13-Jun-24
Councillors approve £8.7 million investment in Pitlochry High School Perth & Kinross Council (Press Release)17:03 12-Jun-24
view more headlines
17 Jun 20:03

About our UK Cost of Living news

Latest news on the cost of living crisis in the UK, an ongoing event since 2021, in which prices for many essentials have increased faster than household incomes.

This has resulted in a fall in real incomes. The cost of living crisis has been caused in part by a rise in inflation in the UK, as well as the economic impact of global issues including the 2022 Russian invasion of Ukraine and the Covid-19 pandemic.

While many people have been affected by rising prices, the cost of living crisis is most substantially affecting those on low-incomes. Low-income households spend a larger proportion than average on energy and food, so are disproportionately affected by price increases in these areas.

The Resolution Foundation estimated that to afford the increase in energy bills in January-March 2023, the poorest fifth of households will have to cut back 24% of non-essential spending.

The UK government has stepped in with policies such as the Household Support Fund, but these government responses have largely been criticised as insufficient.


Publication filters

Headline Density

Sorry, no headlines or news topics were found. Please try different keywords.