Cost of living crisis continues to bite a quarter of Brits
The latest figures from the Office for National Statistics show that 25% of adults in the UK are now finding it difficult to afford their usual spending.
This is up from 19% in April, and is the highest level since records began in 2007.
The ONS said that the increase is being driven by rising energy and food costs, which are putting a strain on household budgets.
The cost of living crisis is having a significant impact on people's lives. A recent survey by the Joseph Rowntree Foundation found that 45% of adults in the UK have cut back on their spending on food and other essentials in the past month.
The government has announced a number of measures to help people with the cost of living, including a £400 energy bill discount for all households and a £650 cost of living payment for low-income families.
However, charities have warned that these measures will not be enough to help everyone who is struggling. The Trussell Trust, which runs a network of food banks, said that it is seeing a record number of people seeking help.
The cost of living crisis is a major challenge for the UK government. The government needs to take further action to help people who are struggling, and to ensure that everyone has enough money to live on.
Here are some of the things that the government could do to help:
- Increase the minimum wage
- Provide more support for low-income families
- Invest in affordable housing
- Reduce energy costs
- Help people to get into work
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