We are currently navigating a financial crisis marked by the relentless surge in the prices of everyday essentials, spanning from groceries to household energy.
These soaring costs are impacting everyone, but certain sectors of the population are bearing a disproportionate burden, including low-income households and individuals from ethnic minority backgrounds.
The Runnymede Trust highlights the pressing need for action. The study reveals that Black and minority ethnic individuals are experiencing poverty at a rate 2.5x higher than their white counterparts. Addressing these challenges are falling short and these marginalized groups face increasingly heightened vulnerabilities