The Cost of Living Crisis
The Big Issue newspaper defines a cost of living crisis as "a situation in which the cost of everyday essentials like groceries and bills are rising faster than average household incomes." The think-tank Institute for Government defines the UK's cost of living crisis as "the fall in real disposable incomes (that is, adjusted for inflation and after taxes and benefits) that the UK has experienced since late 2021.” To put it plainly: we’re screwed. In this mini-series I’ve been responding to the unending news cycle about this situation, from the energy bills, to the mini-budget, from feeling powerless at work, to the unaffordable house prices. This is an ongoing project, please check back for more.