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STATEMENT: FAMILIES FACE COST OF LIVING CRISIS AS INFLATION RISES AT FASTEST PACE FOR THIRTY YEARS

19th January, London - In response to the news that the inflation is rising at the fastest pace for thirty years, Save the Children’s Director of UK Impact, Dan Paskins, said: 

“Inflation, increases in energy prices, and fuel shortages are all taking a toll on family finances. Parents we work with had already seen their household budgets stretched to the limit by the pandemic. Now, as we seek to recover and move on from the pandemic, families face impossible choices like whether to heat their home or buy clothes for their children. The scale of the current cost of living increases is putting huge pressure on already stretched budgets, and parents have told us they are skipping meals and relying on food banks to feed their children. The pace in which the cost of living is rising is extremely alarming and will only push more children into poverty if the Government do not intervene.

“The pandemic has made it clear that we need a strong social security system to support families when things get tough. The previous boost to Universal Credit was a lifeline for families up and down the country. A targeted increase to Universal Credit will enable parents to provide for their family, and ensure that their children are warm, fed, and looked after.”

ENDS

Notes to editors:

  • Multimedia content of parent campaigner and working single mum Gemma is available here: https://www.contenthubsavethechildren.org/Package/2O4C2SSZBOHM
  • For more information, please contact: Media@savethechildren.org.uk  +44 7831 650 409