Bradshaw, Jonathan Richard orcid.org/0000-0001-9395-6754 (2022) Impact of inflation on low-income households in the UK. European Union.
Abstract
The UK rate of inflation rose to 9% in April 2022, the highest rate for three decades. A cap on domestic fuel prices also increased in April which will double household’s fuel bills. Initially the government did rather little to respond to what is being called “The Cost-of-Living Crisis”, especially for those with low incomes. However when the energy regulator announced that there would be a further 32% increase in the fuel cap in October 2022 the Chancellor announced a package of support costing £37 (€43.7) billion this year.
Metadata
Item Type: | Other |
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Authors/Creators: |
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Dates: |
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Institution: | The University of York |
Academic Units: | The University of York > Faculty of Social Sciences (York) > Social Policy and Social Work (York) |
Depositing User: | Pure (York) |
Date Deposited: | 10 Jun 2022 08:40 |
Last Modified: | 06 Feb 2025 00:00 |
Status: | Published |
Publisher: | European Union |
Related URLs: | |
Open Archives Initiative ID (OAI ID): | oai:eprints.whiterose.ac.uk:187686 |
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Filename: ESPN_Flash_Report_UK_revised_31May.docx
Description: ESPN - Flash Report - UK - revised 31May