Cost of living

Looking for support with the cost of living?

Find out how you can make your money go further and how we're supporting you.

The cost of living crisis

The UK is facing a cost of living crisis and millions of people are having to make difficult choices about their finances, in some cases choosing between feeding their families and paying their bills.

We may not be able to predict or control what's happening in the world, but we can help you to understand what these changes mean for you and your finances.

Find out more about how you can manage your money during these challenging times – and what our cost of living research reveals about how the UK is managing with rising bills.

Dealing with rising costs

Take a look at our range of guides and articles, written by our consumer finance specialist, Sarah Pennells. Sarah shares information and tips to help you cope with rising costs.

Sarah Pennells

Sarah Pennells, Consumer Financial Specialist

Helping people in crisis

We believe we’re stronger when we work together. So we’re proud of our partnership with national charity Turn2us, where we’ve donated and raised over £600,000 so far, to support more people facing financial crisis to build resilience.

Turn2us is the UK's leading charity that helps people in financial hardship. They've helped millions of people with information or direct grant support.

Find out what benefits you're entitled to

Turn2us provide a free, confidential and independent benefits calculator, helping people to find out which state benefits they may be entitled to. You can use the calculator to see what help you could get.

 

Building financial resilience

Through our Changemakers programme, we support individuals and social enterprises to explore society’s challenges and develop and scale innovative solutions. These range from helping low income households to save money on bills, to providing sustainable employment to some of society’s most financially vulnerable groups.

During a time where the cost of living is impacting so many households, our Changemakers are helping to build people’s financial resilience for the future.

Louis Holliday, Pocket Power

“Now is a really tricky time for lots of people when they’re thinking about trying to pay their household bills.”

Pocket Power are tackling the poverty premium by helping people on low incomes find better deals on their household bills.

Read more  about Louis Holliday, Pocket Power

Jerry During, Money A&E

“Lots more people are facing financial exclusion and debt, and they need a lot more support.”

Money A&E provides money advice and educational services to disadvantaged groups and Diverse Ethnic Communities.


Read more  about Jerry During, Money A&E

Ebony Rebecca, RoseTinted Financial Services

"The worst affected [are] choosing between food and gas/electric on a weekly basis."

RoseTinted is a service that promotes mental wellbeing for women through a mixture of financial and mental health support.

Read more  about Ebony Rebecca, RoseTinted Financial Services

Cost of living research

We recently commissioned our second independent cost of living survey of 4,000 adults in the UK, to find out how people are affected by rises in the cost of living. The research shows that over four in five people (81%) have already made changes to pay for the cost of living.