Ask anything about the cost of living crisis

As prices rise and wages fail to keep pace, living standards are expected to fall this year at the fastest pace in decades.

People on the lowest incomes are hardest hit by the cost of living crisis as necessities like gas, electricity and food increase the most.

Economists’ forecasts seem to darken with alarming frequency. We’ll answer your questions about what all this means on Monday, May 23rd.

Many of us may have received a surprising letter from an energy company stating that their monthly payments will increase dramatically. You’ve undoubtedly noticed that the price of petrol front yards has reached record levels.

More expensive fuel means additional costs for businesses, which will soon be passed on to consumers.

Russia’s war in Ukraine is having effects beyond its borders, raising energy and food costs across Europe.

But Britain’s cost of living crisis has much deeper roots and was already building up long before President Vladimir Putin ordered an attack on his troops.

We all know how price increases will affect us, but many questions will remain.

What is actually causing this situation, how is it allowed to happen, and what can be done to mitigate it in the short term and protect us in the future?

We will answer your questions in real time on Monday, May 23rd at 1pm. Register to participate, then post your question in the comments and we’ll try to answer as many as we can.

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