As we emerge from the Covid-19 pandemic, we are facing a major cost-of-living crisis.
Over a decade of austerity policies, low wage rises and cuts to social security have left many people in poverty. While the richest households saved money during the pandemic, the poorest fell further into debt, with no cushion to cope with rising prices now.
In this briefing (pdf),Women’s Budget Group sets out why the cost-of-living crisis will have a gendered impact and what government needs to do to better support women in managing the crisis, including urgent repair of the fabric of our benefits system.