In families, prices for basic goods such as heating, rent and food are rising by £ 400 a month, according to a new analysis showing the severity of British cost of living crisis.
It found out low-income families with two children were among the most affected: the cost of living is rising annually by 13 per cent, well above the official figure of 9 per cent.
This is largely because they spend more on fuel and food, the prices of which have occurred most sharply. Low-income families have been hit harder and earlier than others, the Joseph Rowntree Foundation (JRF) said.
This is because sharp inflation has led to aid payments falling to their lowest level since 1982. While inflation is expected to peak 10.25 percent later this year, benefits rose just 3.1 percent after the government refused to offer an increase to universal credit payments.
This comes in addition to the abolition of the £ 20-a-week increase to the universal loan introduced during the pandemic, and follows a decade of cuts in real-life aid payments.
The JRF has calculated that it will take families to achieve the “minimum income standard,” a measure developed by researchers at Loughborough University.
It is based on subjects that the general public believes are necessary to achieve an acceptable standard of living. On this basis, the cost of basic foodstuffs rose by 9.3 percent, which is much more than the official figure of 6.7 percent. According to the analysis, child care also increased by 6.7 percent.
In monetary terms, families spend about £ 120 a month on energy, £ 90 on transport including petrol, and £ 65 on childcare, according to the JRF.
Vera Angvet is among the victims. She has two children, aged five and two. She is involved in the Covid Realities study conducted by York University to document low-income living in the UK.
Ms. Angvet said it is becoming increasingly difficult to budget after cuts in many areas and greater price increases.
“If you’ve already cut the canvas before there are threads left, what do you do?” She said.
Ms. Angvet combines childcare responsibilities with studies to become a teaching assistant. She gets universal credit, but says covering basic expenses such as rent and heating is difficult.
“Most of our money goes into accounts, and then the last two weeks of each month are very difficult,” she said.
“I use different schemes to do without. Sometimes children go to after-school clubs where they buy fruit or something like that.
Ms. Angvet now visits food banks to make sure her children have enough food. “It’s very stressful,” she said.
Tayaba Sidiki, a key NHS employee who is also a single mother and has suffered from domestic violence, said most of her salary comes out on pay day. “I think: how will it last 30 days?”
“I work and can’t afford the most necessary thing for my 11-year-old son. He needs shoes for school and I need shoes for work. I can’t afford both – what’s more important? “
She said her mental health is suffering and she feels she has no family members in the UK to whom she can turn.
“I think I’m a strong woman, but for the first time I can’t handle it.
“I can’t sleep at night. My salary did not increase, only the cost of living increased. Previously, regular purchases cost me £ 20, now suddenly £ 35 or £ 40. It’s on milk, bread, basic things, no luxuries.
“Children can understand when their parents are worried,” she said. “Single parents are fighting, I’m not alone. We need targeted support for different situations of people. “
Matt Padley, a senior researcher at Loughborough University, said the latest figures show “a sharp increase in what families with children need to meet their basic needs and participate in our society.”
He added: “Especially the sharp increase in the cost of electricity for the home and it should grow even later this year. As a result of this increase, many families will have to cut back, making difficult choices about what to do without and what needs to prefer.
“Households in the UK in 2022 should not make such decisions.”