Skip to content

It Costs 20% More Just to Cover the Basics in the UK This Year

The UK has just seen its biggest increase in living costs in at least 13 years 

The cost of the most basic standard of living has jumped by 20% in Britain as the country faces the biggest squeeze on household budgets in a generation.

That’s about six times the pace of  the average annual increase each previous year since 2009, according to a report published Friday by researchers at Loughborough University and funded by the Joseph Rowntree Foundation.