Still coping? How families are faring as the cost-of-living crisis enters its second year

The UK’s cost-of-living crunch has entered its second year. While inflation should fall significantly in the coming months, the crisis is far from over. Prices are rising more slowly rather than falling. And the significant government support provided last year is being scaled back, while fast rising interest rates will affect more and more homeowners in the months ahead. Many people have used savings or support from friends and family to cope with the crisis so far – but this support is finite.

How is the cost-of-living crisis evolving as it enters its second year? How is the squeeze playing out across different families and generations? And what should policy makers be looking out for in the months ahead?

The Resolution Foundation is hosting an in-person and interactive webinar to debate and answer these questions. Following a presentation of the key highlights from our latest cost-of-living survey – supported by the Health Foundation – we will hear from leading experts on how the cost-of-living crisis has impacted the UK and evolved over time.

Read the report: https://www.resolutionfoundation.org/publications/hoping-and-coping/ 

View the event slides: https://www.resolutionfoundation.org/events/still-coping/