Parents in County Durham are watering down baby formula because they can’t afford to replace it. In one of the world’s richest capitalist countries, families are being forced to gamble with their babies’ health to make a tin of milk…
Latest Cost of Living Crisis News
More Americans are falling behind on their mortgages and car loans than at any point in the past decade, even as Wall Street celebrates economic growth and an artificial-intelligence stock boom. This is what capitalist expansion looks like from below:…
The government’s new limit on branded school uniform is a small retreat from an unfair system, but it won’t make uniforms affordable for many working-class families. From September, schools will be allowed to require a maximum of three items carrying…
Beneath the manufactured culture wars and other artificial divides, millions of working people share the same basic concern: they can’t afford a decent life. A survey of more than 30,000 adults conducted by the McKinsey Institute for Economic Mobility and…
Britain’s inflation rate fell to 2.6 percent in the year to June, helped by lower food and fuel costs. Ministers will present the figure as evidence that the cost-of-living crisis is easing. But slower inflation doesn’t mean prices have returned…
Four years into Britain’s cost-of-living crisis, the reality facing the working class is getting worse, not better. New figures from the Joseph Rowntree Foundation (JRF) show that 62 percent of low-income families couldn’t afford at least one essential item during…
For millions of working-class families, the school holidays don’t mean rest. They mean another six weeks of worrying how to put food on the table. A charity in Sussex and Surrey has warned that families are skipping meals to make…
Being poor under capitalism doesn’t just mean having less money. It means being charged more for the basics of life. New research by Fair by Design, funded by Trust for London, has found that low-income households in London pay hundreds…
British motorists are continuing to pay inflated fuel prices after global oil prices returned to pre-war levels, exposing once again how capitalism allows corporations to turn every crisis into an opportunity for profit. According to analysis by the Press Association,…
More than £9 billion is now owed to local councils in unpaid council tax across Britain, exposing yet another symptom of the deepening cost of living crisis. Behind the headline figure lies a simple reality: millions of working-class people can’t…