Inflation has picked up once again with rising food prices playing a role.
π But the biggest worry for low-income families is the unrelenting living standards storm they're facing, which is not forecast to improve over the course of this Parliament.
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π But the biggest worry for low-income families is the unrelenting living standards storm they're facing, which is not forecast to improve over the course of this Parliament.
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Reposted from
The Guardian
UK inflation increases to 3% as rising prices squeeze households
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This will add further worry as household financial security sits on increasingly unsure ground.
Meanwhile, benefits are set to rise by just 1.7%.
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π To stop living standards deteriorating further, the Chancellor must ensure our benefits system reflects the cost of essentials so it protects people when they fall on hard times.
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People also need stable jobs with decent incomes if they are to feel secure enough to plan for the future.
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