The cost-of-living crisis – which has been “caused predominantly by high inflation outstripping wage and benefit increases and has been further exacerbated by recent tax increases”, according to the Institute for Government – is a topic that we are hearing about a lot at the moment.
Whether it is at work, in the media or at the local supermarket, it is at the forefront of everyone’s mind lately. And with the prices of things going up, it is putting huge pressure on people’s financial and mental wellbeing.