The terrifying prospect of the worst drop in living standards in a century, the threat of a prolonged recession and an impending “unprecedented wage depression are all about the UK. Some 11 million people already live below the poverty line.
According to The Independent, against this background, think tanks and opposition politicians are calling the British government for immediate action. However, prime ministerial contender Liz Truss sees direct support for Britons as only her third priority in tackling the country’s cost-of-living crisis.
It was previously reported that a quarter of UK residents will give up heating this winter.
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