Cost of Living Crisis 2022-23
The economic backdrop for the UK has changed considerably over the past few months with higher oil, gas and commodity prices, fears of rising and persistent inflation and its damaging impact on consumers’ cost of living, little indication of an imminent end to Russia-Ukraine hostilities and supply chain bottlenecks exacerbated by war in Ukraine and lockdowns in China.
As reported nationally in the media, this is having a significant detrimental impact on funding and income available for residents and their ability afford their day to day bills and expenditure.
There are increasing reports of residents to making choices between heating or eating, being isolated in their homes due to no available money to pay for fuel or electricity and having to prioritise food over other basic but important needs.
Wirral Cost of Living Report
This report will analyse national and Wirral specific datasets to examine the impact of inflation on Wirral residents.
As this is a rapidly changing situation, this report will be updated monthly, and content may change depending on the latest data availability and the areas of impact.
Published with thanks to Wirral Foodbank, Citizens Advice Wirral and Suffolk County Council.
Background Information
The following reports provide a greater understanding of the issues, the data, the emerging themes and possible responses we could take locally alongside the potential impacts on Wirral residents and businesses. This is as local leaders across all sectors, gather information and intelligence, to direct their work to minimise the impacts and maximise the help.
We will update these pages as and when additional content becomes available.