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Nearly a quarter of people – 24% – run out of money for essentials most months or even days, according to a new nationwide poll.
Senior Journalist, covering the Credit Strategy and Turnaround, Restructuring & Insolvency News brands.
It also found nationally 37% of people end the month with no money left over whatsoever, while six percent said they’re trying to survive on incomes so low they can’t pay for essentials most days – with this figure rising to 11% in the UK’s 100 most deprived constituencies.
Alongside this, even among the ten most affluent constituencies in the UK, 19% say they find themselves unable to pay for the likes of food or bills by the end of most months – rising to 26% of people in the ten most deprived constituencies.
These figures come from Together Through This Crisis, a new initiative set up by some of the country’s biggest charities and is designed to combat the cost-of-living crisis. Alongside the research, the group has sent an open letter the Prime Minister and Chancellor – backed by charities, campaign groups, metro mayors and more than 38,000 members of the public – asking them to ensure the crisis doesn’t become the new normal.
It comes as, in its survey – conducted by pollsters Survation – 67% of people nationally described the UK government as “not doing enough” to address the crisis, while 65% said prime minister Rishi Sunak wasn’t doing enough.
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