Women “hard hit” by cost of living crisis after growing poverty

The women were left “severely exposed” cost of living crisis, as they have been disproportionately affected by rising poverty over the past decade, new figures show.

Data summarized exclusively from The Independentshowed that from 2010-11 to 2019-2020 the proportion of people living in relative poverty increased by almost 1.5 million.

An analysis of Labor and Pensions statistics conducted by Labor’s shadow secretary and Equality Secretary Anneliese Dodds found that women make up almost 890,000 of that number.

This is about 60 per cent of the total, despite the fact that women make up 51 per cent of the UK population.

Researchers said there are currently more than 7.5 million women living in relative poverty in the UK – almost a quarter of all women living in the country.

Approximately 6.8 million men are in the same situation, which means that 14.4 million people live in relative poverty, which is 22 percent of the UK population. Relative poverty is defined as household income that is 50 percent below average.

Ms Dodds said: “The Conservatives have been driving women into poverty for ten years, leaving them severely affected by the cost of living crisis that is engulfing Britain today.

“The government’s own statistics show that women feel less likely to cope with the sudden rise in bills than men, so we desperately need action from ministers to help them cope. Instead, the prime minister and the chancellor are too busy saving their own skin. ”

Ms. Dodds warned that the Conservative Party was failing women when it said “Labor is on their side.”

She added: “That’s why we are calling for an emergency budget to help the millions of women who are bearing the brunt of this crisis, with an unexpected tax from oil and gas companies to cut energy bills to £ 600 for the households most in need – many of run by women.

“And the new Labor deal for working people will support millions of women in the workplace with stronger, family-friendly rights, equal pay compared to employers and action to combat harassment in the workplace.”

In the office, Ms. Dodds warned that women are now facing the burden of a Conservative government that is not tackling the cost of living crisis – with data from the Office for National Statistics (ONS) showing that women often feel less able to cope with sudden bill growth. than men.

An ONS survey on the cost of living found that about three in 10 women said their family would not be able to afford the unexpected payment of £ 850, while about a quarter of men said so. Labor claims that this means that 1.6 million more women than men feel unable to cope with this extra pay.

The Labor Party predicts that rising prices for taxes, mortgages, energy, food and petrol will mean that the family’s finances will suffer an average of up to £ 2,620 a year – with Keir Starmer, Labor’s leader, demanding extra money. cost of living. crisis.

This comes after last year’s research found women living in the north of England disproportionately affected by the recession unleashed pandemic.

IPPR North researchers found that nearly half of the northern women who now work are in the sectors most affected by the coronavirus emergency, such as retail and the hotel business. For a sharp comparison: men make up only a quarter of the workforce in these areas.

Women “hard hit” by cost of living crisis after growing poverty

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