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Friday, March 29, 2024

Cost of Living Cris Deepens as Millions Struggle With Bills

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Independence is the only route to escape the constant chaos at Westminster and properly tackle the cost-of-living crisis, the SNP has said, after fresh warnings that around eight million people are struggling to pay their bills.

The Financial Conduct Authority (FCA) estimated that around 7.8 million people across the UK currently find bills a “heavy burden” – up from 5.3 million in 2020.

The findings come after inflation in the UK hit a 40-year high of 10.1% earlier this month.

Commenting, the SNP’s Shadow Chancellor Alison Thewliss MP said:

“While the Tories descend into utter chaos and put their own interests first, households across Scotland and the UK are struggling to pay their bills and put food on the table as the Tory-made cost of living crisis deepens.

“Rather than delivering real and targeted support to protect people and businesses, Liz Truss and her disastrous government set fire to the economy, put people’s incomes and pensions at risk, and sent mortgages through the roof.

“With inflation in the UK also hitting a 40-year high, people are being pushed to the brink and left facing the impossible choice between heating or eating.

“Calls to act have fallen on deaf ears in Westminster as the Tories shamefully prioritise their own interests.

“Scotland faces the grim prospect of another Tory Prime Minister imposed upon us against our will inflicting yet another wave of Tory austerity.

“It’s beyond any doubt that the only way to escape the constant chaos at Westminster and properly tackle the cost of living crisis is to become an independent country with the full powers needed to build a fairer and more prosperous society.”

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