Bloomberg — Double-digit inflation is putting financial pressure on many British households, which has led some to look for ways to cut costs.
According to the National Statistics Office (ONS), more than a fifth of Brits consume expired products due to rising food inflation. In addition, a quarter of youth who take paid prescription drugs they use fewer drugs to save money.
The ONS also found that 16% of adults are food insecure, which means they cannot buy enough food to lead a healthy life. People with depressive symptoms, economically inactive or unemployed, or living in deprived areas of England are the most likely to suffer from this condition.
These figures highlight the challenges facing many British households as wages struggle to keep up with rising prices. In February, inflation picked up for the first time in four months and remained above the level forecast by the Bank of England.
The pressure on living standards has also had an impact on health services: one fifth of adults stated that they needed to see their doctor but decided not to, with long waiting times being the most cited reason. The pressure on health services has reached record levels.
Read more at Bloomberg.com
