Research reveals 1 in 6 Milton Keynes households are struggling with 'serious financial difficulties'

    New data, published by MK Council's Progressive Alliance, shows that an estimated 17,750 local families are in serious financial difficultly.

    Bristol University and Abrdn Financial Fairness Trust's latest research has revealed that more people are being pushed into "serious financial difficulties" because of rising prices, than the pandemic.

    The data suggests that one-in-six UK households (4.4 million) are now in ‘serious financial difficulties’, compared to one-in-ten (2.8 million) in October 2021. Those groups particularly hit include social renters, private renters and households with two children.

    MK Council's Labour and Lib-Dem run Progressive Alliance have today (13/7), published the data stating that it is doing 'all it can' to support local families.

    Councillor Jane Carr, Lib Dem Progressive Alliance Cabinet Member for Social Inequalities, said: “Every family in Milton Keynes is feeling the pinch from the cost of living crisis, and these figures reveal that over 17,000 households are seriously struggling to make ends meet.

    “Families in the city need a government focussed on the cost of living crisis and providing real help. The Conservatives’ leadership contest has nothing to say about the real concerns of people in Milton Keynes. Instead it’s all fantasy tax cuts for big business and invented, irrelevant controversies.”

    Councillor Zoe Nolan, Labour Progressive Alliance Cabinet Member for Children and Families, added: “The Progressive Alliance is doing all it can to support families through this incredibly tough time. We are providing over £16m in direct cost-of-living support, opening more food larders, and are providing thousands of free meals and activity sessions for children through the Summer of Play – but we can’t do it all. The Government needs to step up and provide real help for people struggling, and they need to do it now.”

    You can read the full research here.

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