Research has just been published which unfortunately shows a growing gap in the quality of health...
Low-income households
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08/03/2012
Low income families squeezed hard by rising inflation
The government’s austerity measures and rising inflation are eating into the budgets of low income families, according to the charity Family Action. The report shows that among families helped by the charity, fuel and food costs were placing family budgets under intense pressure, leaving nothing for parents to save for their children’s future, or for fun activities other children could enjoy such as a school disco.
Category: News stories -
17/01/2011
Inflation hits the poorest
The spending power of the poorest has fallen by 10 per cent over the last decade and will continue to fall as the basic cost of living continues to rise, according to research commissioned by the Joseph Rowntree Foundation and reported in The Guardian.
About seven million of Britain’s poorest people will see their spending power fall by a tenth over the next decade because the prices of essentials such as food, fuel and clothing are rising much faster than inflation, according to the research.
The research shows that these households have already seen their spending power reduced by about 10 per cent in the past 10 years. If prices trends continue, they will be nearly a fifth worse off by 2012 than they were in 2000.
See the full report at The Guardian website.
Category: News stories
