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United kingdom's cost of living crisis worsens with an energy price increase
2 years ago
7
The UK cost of living crisis is an ongoing period starting in 2021 in which prices for many essential goods in the United Kingdom began increasing faster than household income, resulting in a fall in real income. This is caused in part by a rise in inflation in the UK. While all in the UK are affected by rising prices, it most substantially affects low-income persons. The British government has responded in various ways, such as by making provision for a £650 grant for each of the UK's lower income households.
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