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Liverpool Echo
Liverpool Echo
Business
Liam Thorp

Grim statistics show how cost of living crisis is hurting Liverpool

Shocking statistics have revealed how many people in Liverpool are being affected by the soaring cost of living crisis.

Panic is spreading in this city and across the country as families face the worst living costs crisis in two decades. There are growing calls for Chancellor Rishi Sunak to take decisive action in his Spring Statement tomorrow to try help those being pushed into poverty.

Money Saving Expert Martin Lewis is leading those calls, predicting that this growing crisis will be worse for households than the 2008 financial crash or the covid pandemic. It is thought an additional £1300 will be added to average energy bills and that 10 million people will be plunged into fuel poverty.

READ MORE: New neighbourhood of social and affordable housing to be built on edge of city centre

Campaigning organisation 38 Degrees has collated a powerful set of data to show just how many people are being impacted by soaring bills and costs. The organisation has teamed up with polling group Survation to spell out just how stark the situation is for so many.

Liverpool has some of the most deprived communities in the country. The Liverpool Walton constituency is ranked as the most deprived Parliamentary constituency in England.

According to the data collated by 38 Degrees, a huge 85% of people living in Liverpool Walton are experiencing more expensive energy bills than last year, while 72% are paying more for fuel. In total 42% have lost income due to last year's cut in Universal Credit.

Walton MP Dan Carden thanked 38 Degrees for the research. He added: "Every day I hear from constituents about the growing financial pressures they are under. The Government can't shirk responsibility for the #CostOfLivingCrisis. We need action."

The situation is similarly troubling in Liverpool Riverside constituency, where 85% of residents are experiencing higher energy bills compared with last year and just under 70% are seeing their fuel bills. 68% are paying more for transport, while 32% have lost out on income after the Universal Credit uplift was removed.

In Liverpool Wavertree, 81% are seeing their bills rise, 65% are paying more for fuel, 63% are paying more for transport and 35% have lost vital Universal Credit cash. The West Derby constituency is seeing similar pressures, with 84% experiencing rising energy bills and 70% being charged more for fuel. Around 28% lost money with the Universal Credit cut.

In the Garston and Halewood constituency, around 88% of people were found to be experiencing more expensive energy bills compared with last year. 77% are paying more for fuel, 67% are paying more for transport and 28% have been impacted by a loss of Universal Credit funding.

Those answering this survey will be hoping that the Chancellor comes forward with some significant actions to tackle the soaring costs they are being met with. The Spring Statement will be heard in Parliament this afternoon.

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