Pak Sahafat – The “apocalyptic” rise in the cost of living and unprecedented inflation in Britain have changed the lifestyle of many people in the country and some have turned away from meals.
“Apocalyptic” prices were a phrase used by the Governor of the Bank of England in his meeting with MPs on Monday, and it became very newsworthy overnight.
Findings from the Epsos Murray polling institute show that many people in the UK try to skip their meals, borrow money or go out less to make ends meet. Many have turned off their heating systems to reduce energy bills.
According to a survey, the increase in bills in the UK means that one in four people have resorted to skipping meals. According to the survey, more than four out of five people are worried about rising living costs in the coming months.
The results of the survey show that the pressure of rising prices in the UK is more felt by people with lower incomes. Half of those earning less than 20,000 a year were “very worried” about the cost of living for the next six months, while about two in five earned 55,000 or more a year.
According to Sky News, Lisa Bernie, a mother of three with three jobs, says what used to be disposable income is now spent on household bills.
Ms. Bernie added: “When you have children and you work longer hours, you have to pay for a nurse. In this way, your income is practically wasted and does not cover your expenses. The government of London is still taxing what you earn.”
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Yesterday, a government minister, Boris Johnson, in a controversial statement advised people struggling with rising prices and unprecedented inflation in the UK to work longer hours or choose a better-paying job.
Findings from the Ipsus Murray Institute show that three out of five Britons have turned off their heating systems to reduce their energy bills. Energy costs in the UK have risen Û· 700 a year since last month and experts have warned that prices will rise again next winter.
Many people have recharged their meters to control unbridled energy costs. According to Sky News, Mickey Shika, a babysitter and founder of a Wigan-based charity that has recharged its electricity meter, says: “I can no longer afford the prices. This is the only way to control my expenses; otherwise I will be in debt. He added: When I run out of charge, I light a candle.
According to Ipsosomory, almost one in five Britons has borrowed money to make a living. Another way people try to reduce the cost of living is by driving less. The average price of a liter of gasoline and diesel in Britain this year has reached its highest level since the start of the Ukraine war.
With inflation expected to reach 10 percent by the end of this year, many Britons have changed their lifestyle to reduce the cost of living. Two out of five said they turned to cheaper supermarkets for their weekly shopping because many staples, such as butter and chicken, have risen by a tenth over the past year.
90% of Britons expect utility bills to increase further in the next six months. Nearly half of the population also expects mortgage or rent payments to increase.
Homeless charities have warned that with inflation hitting the housing market, thousands of people could be at risk of eviction and homelessness.