Christians Against Poverty warns that nearly a quarter of people would not be able to pay an unexpected bill of £200.
A new survey from Christians Against Poverty suggests that nearly one in four adults would not be able to afford an unexpected £200 bill. The survey, commissioned by the charity in July, found that 23 per cent of people could not afford an unanticipated cost for that amount with 28 per cent of adults saying the rise in the cost of living has made them feel financially insecure.
He continued: “Income is just so low for many that a financial shock like a car issue or the boiler breaking can leave them facing spiralling debts. We all deserve to have an income that provides us with at least the essentials, yet for many right now inadequate levels of social security and low wages are leading to more debt and poverty, and all the worries and challenges that come with that.
She received help from CAP and is now debt free after successfully using a repayment plan and budgeting, the charity said. A Government spokesperson said: "We know people are struggling which is why we're bearing down on inflation and providing record financial support worth an average £3,300 per household. On top of this we have raised benefits - including Universal Credit - by 10.1 per cent, increased the National Living Wage and have extended the Household Support Fund to help families with food, energy and other essential costs.
Turn2us Information on income-related benefits, Tax Credits, Council Tax Reduction, Carer’s Allowance, Universal Credit and how your benefits will be affected if you start work or change your working hours.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Corbyn campaigns against two-child benefit cap in latest hint he will stand against LabourThe former Labour leader is distributing leaflets in Islington North constituency calling for the welfare limit to be scrapped, in challenge to Sir Keir Starmer.
Read more »
Football event scores big for charity helping tackle loneliness in terminal illnessA charity football event raised over £3,000 for people battling terminal illness without the support of family.
Read more »
NI charity offering a new approach to mental health, wellbeing, and recovery'I am helping people again, which is my calling, while also helping myself at the same time.'
Read more »
Banbury man plans van-pulling record attempt for eating disorder charityMatt Cooper hopes to set three world records in Warwickshire by pulling the vehicle more than 50 miles.
Read more »