What is the cost-of-living crisis? 

The cost-of-living crisis is the term that has been coined for rising costs in the UK, on products and services used in every UK household and business ranging from energy prices to the cost of the weekly shop. This has led to a fall in disposable income, and has been caused by a combination of the war in Ukraine, high inflation and tax increases. 

This result of this has been both individuals and organisations cutting back on spending, and a fall in wellbeing rates as the crisis takes a financial, emotional, and sometimes physical toll.

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