Economist Nino Becerra warns about what’s really happening in the UK

Friday 17 November 2023 at 01:44

According to a recent article in The Guardian, around 2 million UK households have had to turn off their fridges and freezers as a cost-saving measure, revealing the financial difficulties faced by low-income households.

The Joseph Rowntree Foundation (JRF) reported to the aforementioned outlet that nearly half of these families indicated that since May they had had to unplug their cooling appliances for the first time, revealing the continuing cost of living crisis among the most vulnerable families. .

The JRF’s Living Crisis Tracker survey found that in October, around 25% (2.8 million) of low-income UK households went into debt to buy food. In addition, he sold a third of his possessions to get money.

For this reason, the concerns of various anti-poverty charities focus on possible cuts in financial aid to low-income families, as the government is expected to freeze the value of aid starting next April. This could affect about 9 million families, and will worsen the situation.

Nino Becerra himself has warned of this reality through his personal Twitter account (‘X’), highlighting the seriousness of the economic crisis facing British families. Despite the aid provided by the government (about $15 billion), the reality is that 7.3 million families suffered from shortages of food and basic products in the past six months, according to data from the Jordan River Foundation.

“Millions of families turning off their refrigerators and freezers is the latest chapter in a long history of deprivation. People are at risk of falling ill due to eating spoiled foods and lack of healthy and fresh foods. This could cause long-term damage to the health of millions of people, said Peter Matejek, senior analyst at JRF.

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