UK public spending cuts


The British Office for National Statistics (ONS) has published the results of the survey titled “Impacts of the Rising Cost of Living on Adults in the UK between November 2021 and March 2022”, in which a total of 13 thousand people participated.

In the statement, it was noted that 62 of the respondents in the country felt the increasing cost of living since November last year, and this rate increased to 83 percent by March of this year.

In the statement, it was stated that the weekly expenditures and bills of the households increased due to the increasing prices in the country, and it was reported that 34 percent of the respondents reduced their use of natural gas and electricity, and 31 percent began to cut from their food expenses.

It was reported that 50 percent of the respondents cut their non-essential expenses due to the record high cost of living in the country.

Bank of England (BoE) Deputy Governor Ben Broadbent, in his assessment yesterday, stated that the Russia-Ukraine war was the most negative external effect for the British economy.

Broadbent, “While there has already been a very sharp increase in the cost of goods traded globally in the wake of the epidemic, the subsequent occupation has seriously increased the prices of energy and other commodities.” had evaluated.

British energy audit organization Ofgem had decided to increase the upper price limit that energy companies can reflect on consumers’ bills from a total of 1277 pounds to 1971, with effect from 1 April.

Angela Doggett, Manager of Bechange, a local charity in Kent, England, stated that the number of people queuing for food aid has increased significantly in the last two months in her assessment to the British press.

There are a total of 2,200 food banks affiliated with different aid organizations

According to the data of the British aid organization The Trussell Trust, aid to food banks affiliated to the organization in 2011 in order to survive in the country. The number of applicants for the program increased from a total of 67 thousand to a total of 2.5 million in 2021, reaching an all-time high.

The charity operates directly under its umbrella with a total of 1300 food banks nationwide.

According to the data of the British House of Commons, as of February 2021, there are a total of 2,200 food banks affiliated with different charities in the country.

In February this year, inflation in England reached its highest level in the last 30 years with 6.2 percent on an annual basis due to the increase in energy and food prices.

In February, natural gas prices in the country increased by 30 percent and electricity prices increased by 20 percent compared to the same period of the previous year.

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