LONDON, February 24 - More than half of Britons are finding it difficult to meet their monthly household budget more than they were a year ago, the highest share in over ten years as inflation mounts. According to a news poll, this week
At the start of the coronavirus epidemic, 52 percent of people in Britain were experiencing the pinch more than in February 2021, up by eight percentage points since January, and nearly double the level they saw in March 2020.
50 percent of respondents believed the economy was doing worse than it was in January, up 12 points from January.
According to the Bank of England, Britain's inflation rate hit a 30-year high of 5.5 percent last month and is on course to reach an area of 7.25 percent in April, as domestic fuel prices rise by more than half.
According to a Kantar survey, 45% of respondents believe that the government should reduce the cost of living for households.
Rishi Sunak, the finance minister, announced earlier this month measures to soften the impact of the energy tariff rise. He has resisted the need to postpone a planned social security increase, which will also begin in April.