83 datasets found
  1. Disposable income growth forecast UK 2019-2030

    • statista.com
    Updated Feb 18, 2025
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    Statista Research Department (2025). Disposable income growth forecast UK 2019-2030 [Dataset]. https://www.statista.com/topics/9121/cost-of-living-crisis-uk/
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    Dataset updated
    Feb 18, 2025
    Dataset provided by
    Statistahttp://statista.com/
    Authors
    Statista Research Department
    Area covered
    United Kingdom
    Description

    Real household disposable income per person in the United Kingdom is expected to grow by 2.6 percent in 2024/25, with disposable income growth slowing from that point onwards. In 2022/23, disposable income fell by two percent, after falling by 0.1 percent in 2021/22, and 0.3 percent in 2020/21.

  2. British adults reporting a cost of living increase 2021-2025

    • statista.com
    Updated Nov 14, 2025
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    Statista (2025). British adults reporting a cost of living increase 2021-2025 [Dataset]. https://www.statista.com/statistics/1300280/great-britain-cost-of-living-increase/
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    Dataset updated
    Nov 14, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    Great Britain, United Kingdom
    Description

    In October 2025, 63 percent of households in Great Britain reported that their cost of living had increased in the previous month, compared with 72 percent in April. Although the share of people reporting a cost of living increase has generally been falling since August 2022, when 91 percent of households reported an increase, the most recent figures indicate that the Cost of Living Crisis is still ongoing for many households in the UK. Crisis ligers even as inflation falls Although various factors have been driving the Cost of Living Crisis in Britain, high inflation has undoubtedly been one of the main factors. After several years of relatively low inflation, the CPI inflation rate shot up from 2021 onwards, hitting a high of 11.1 percent in October 2022. In the months since that peak, inflation has fallen to more usual levels, and was 2.5 percent in December 2024, slightly up from 1.7 percent in September. Since June 2023, wages have also started to grow at a faster rate than inflation, albeit after a long period where average wages were falling relative to overall price increases. Economy continues to be the main issue for voters Ahead of the last UK general election, the economy was consistently selected as the main issue for voters for several months. Although the Conservative Party was seen by voters as the best party for handling the economy before October 2022, this perception collapsed following the market's reaction to Liz Truss' mini-budget. Even after changing their leader from Truss to Rishi Sunak, the Conservatives continued to fall in the polls, and would go onto lose the election decisively. Since the election, the economy remains the most important issue in the UK, although it was only slightly ahead of immigration and health as of January 2025.

  3. Impact of increased cost of living on adults across Great Britain

    • ons.gov.uk
    • cy.ons.gov.uk
    xlsx
    Updated Dec 4, 2023
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    Office for National Statistics (2023). Impact of increased cost of living on adults across Great Britain [Dataset]. https://www.ons.gov.uk/peoplepopulationandcommunity/personalandhouseholdfinances/expenditure/datasets/impactofincreasedcostoflivingonadultsacrossgreatbritain
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    xlsxAvailable download formats
    Dataset updated
    Dec 4, 2023
    Dataset provided by
    Office for National Statisticshttp://www.ons.gov.uk/
    License

    Open Government Licence 3.0http://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/
    License information was derived automatically

    Area covered
    United Kingdom
    Description

    People in Great Britain's experiences of and actions following increases in their costs of living, and how these differed by a range of personal characteristics.

  4. Main reasons that people have seen their cost of living increase Great...

    • statista.com
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    Statista, Main reasons that people have seen their cost of living increase Great Britain 2025 [Dataset]. https://www.statista.com/statistics/1304937/great-britain-reasons-for-cost-of-living-increase/
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    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Jul 2, 2025 - Jul 27, 2025
    Area covered
    United Kingdom, Great Britain
    Description

    In July 2025, 95 percent of households in Great Britain that reported a cost of living increase in the previous month advised that that their food bills had increased, with 57 percent reporting increased gas or electricity bills.

  5. Satisfaction with the government response to cost of living crisis UK 2022

    • statista.com
    Updated May 26, 2022
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    Statista (2022). Satisfaction with the government response to cost of living crisis UK 2022 [Dataset]. https://www.statista.com/statistics/1311131/uk-cost-living-government-response/
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    Dataset updated
    May 26, 2022
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    May 25, 2022 - May 26, 2022
    Area covered
    United Kingdom
    Description

    In May 2022, 49 percent of people in the United Kingdom advised that they were highly dissatisfied with the government's response to the cost of living crisis. High inflation has caused an economic crisis in the UK, with 87 percent of people reporting an increase in their cost of living as of March 2022.

  6. Main measures taken due to the cost of living increase in Great Britain 2025...

    • statista.com
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    Statista, Main measures taken due to the cost of living increase in Great Britain 2025 [Dataset]. https://www.statista.com/statistics/1305038/great-britain-measures-taken-due-to-cost-of-living-increase/
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    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Jul 2, 2025 - Jul 27, 2025
    Area covered
    United Kingdom, Great Britain
    Description

    In July 2025, 60 percent of households in Great Britain said that they had started to spend less on non-essentials in response to their cost of living increasing.

  7. Value of government support packages for the cost of living crisis UK...

    • statista.com
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    Statista, Value of government support packages for the cost of living crisis UK 2022-2024 [Dataset]. https://www.statista.com/statistics/1315561/uk-government-support-cost-of-living-crisis/
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    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    2022
    Area covered
    United Kingdom
    Description

    In response to the cost of living crisis, the government of the United Kingdom announced a series of measures to help households in the country. The most widespread of these packages was a 400 British pound energy bill grant announced in 2022, which was allocated to all households in the country. The measure with the highest overall value was the cost of living payment, which will saw approximately eight million UK households on low income receive 650 pounds in two separate payments in 2022, and a further 900 pounds paid in three installments throughout the 2023/24 financial year.

  8. Impacts of rising cost of living on London - Dataset - data.gov.uk

    • ckan.publishing.service.gov.uk
    Updated Jun 9, 2025
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    ckan.publishing.service.gov.uk (2025). Impacts of rising cost of living on London - Dataset - data.gov.uk [Dataset]. https://ckan.publishing.service.gov.uk/dataset/impacts-of-rising-cost-of-living-on-london
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    Dataset updated
    Jun 9, 2025
    Dataset provided by
    CKANhttps://ckan.org/
    Area covered
    London
    Description

    Description and Purpose This data companion pack is a resource intended to frame and be read alongside the linked rapid review of evidence for interventions to address the cost of living crisis (available on the Institute of Health Equity website) . The resource provides intelligence and context on the cost of living crisis in London only, while the accompanying rapid review of evidence for interventions to mitigate the impacts of the rising cost of living on London, contains the recommendations for action.​ This pack is intended to provide a high-level overview of the impacts of the costs of living crisis on London and the need Londoners have for support to deal with the cost of living crisis through intelligence available in the public domain.  This pack identifies how certain groups in the population already experiencing health inequalities are at greatest risk of poverty and worsening health due to the cost of living crisis. Given there are significant gaps in intelligence available, this pack also highlights these gaps and limitations in our understanding. Audience It will be useful for health leaders, analysts, officers, and policy makers from local and regional government, integrated care systems, NHS, academia, VCS organisations and partners across London to support their work to address the costs of living crisis by​ Advocating for the need for action to address the rising cost of living given impacts on health and health inequalities ​ Framing the context for the interventions highlighted in the linked rapid review of interventions​ Engaging communities ​ ​Development of this resource The Institute of Health Equity (IHE), Greater London Authority (GLA) Health, GLA City Intelligence Unit, Office for Health Improvement and Disparities London (OHID), Association of Directors of Public Health London (ADPH), and NHSE have collaboratively produced this report, as part of the Building the Evidence (BTE) programme of work The sources of data available and topics included have been identified from existing published data, working in partnership through iterative discussion The resource is provided in PDF and PowerPoint format to support colleagues in their work to There is no current plan for periodic updates of this resource, though this will be discussed on completion of this programme of work

  9. Inflation rate in the UK 2015-2025

    • statista.com
    Updated Oct 24, 2025
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    Statista (2025). Inflation rate in the UK 2015-2025 [Dataset]. https://www.statista.com/statistics/306648/inflation-rate-consumer-price-index-cpi-united-kingdom-uk/
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    Dataset updated
    Oct 24, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Jan 2015 - Aug 2025
    Area covered
    United Kingdom
    Description

    The UK inflation rate was 3.8 percent in September 2025, unchanged from the previous two months, and the fastest rate of inflation since January 2024. Between September 2022 and March 2023, the UK experienced seven months of double-digit inflation, which peaked at 11.1 percent in October 2022. Due to this long period of high inflation, UK consumer prices have increased by over 20 percent in the last three years. As of the most recent month, prices were rising fastest in the education sector, at 7.5 percent, with prices increasing at the slowest rate in the clothing and footwear sector. The Cost of Living Crisis High inflation is one of the main factors behind the ongoing Cost of Living Crisis in the UK, which, despite subsiding somewhat in 2024, is still impacting households going into 2025. In December 2024, for example, 56 percent of UK households reported their cost of living was increasing compared with the previous month, up from 45 percent in July, but far lower than at the height of the crisis in 2022. After global energy prices spiraled that year, the UK's energy price cap increased substantially. The cap, which limits what suppliers can charge consumers, reached 3,549 British pounds per year in October 2022, compared with 1,277 pounds a year earlier. Along with soaring food costs, high-energy bills have hit UK households hard, especially lower income ones that spend more of their earnings on housing costs. As a result of these factors, UK households experienced their biggest fall in living standards in decades in 2022/23. Global inflation crisis causes rapid surge in prices The UK's high inflation, and cost of living crisis in 2022 had its origins in the COVID-19 pandemic. Following the initial waves of the virus, global supply chains struggled to meet the renewed demand for goods and services. Food and energy prices, which were already high, increased further in 2022. Russia's invasion of Ukraine in February 2022 brought an end to the era of cheap gas flowing to European markets from Russia. The war also disrupted global food markets, as both Russia and Ukraine are major exporters of cereal crops. As a result of these factors, inflation surged across Europe and in other parts of the world, but typically declined in 2023, and approached more usual levels by 2024.

  10. How people are saving money long term in the UK due to the cost of living...

    • statista.com
    Updated Jun 22, 2022
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    Statista (2022). How people are saving money long term in the UK due to the cost of living crisis 2022 [Dataset]. https://www.statista.com/statistics/1315196/uk-cost-of-living-how-people-are-saving-money/
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    Dataset updated
    Jun 22, 2022
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Jun 10, 2022
    Area covered
    United Kingdom
    Description

    As of June 2022, 84 percent of people in the United Kingdom advised that they had spent less on clothes for themselves in an attempt to save money long term due to the cost of living crisis. Other actions taken include travelling less to meet friends, putting off a big purchase, and cutting back on trips in the car all at 72 percent of respondents.

  11. Consumer reactions to the cost of living crisis in the UK 2023

    • statista.com
    Updated Jun 5, 2023
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    Statista (2023). Consumer reactions to the cost of living crisis in the UK 2023 [Dataset]. https://www.statista.com/statistics/1384106/consumer-reactions-to-the-cost-of-living-crisis-in-the-uk/
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    Dataset updated
    Jun 5, 2023
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Apr 19, 2023 - Apr 24, 2023
    Area covered
    United Kingdom
    Description

    According to an April 2023 survey conducted by We Are Social and Statista Q, about 68 percent of UK consumers spend less on non-essentials in reaction to the cost of living crisis, whereas 63 percent pay more attention to bargains, good deals, or offers (when shopping). Similarly, more than half of respondents use less gas and electricity in their homes to deal with the situation.

  12. Citizens Advice - Dataset - data.gov.uk

    • ckan.publishing.service.gov.uk
    Updated Mar 31, 2025
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    ckan.publishing.service.gov.uk (2025). Citizens Advice - Dataset - data.gov.uk [Dataset]. https://ckan.publishing.service.gov.uk/dataset/citizens-advice
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    Dataset updated
    Mar 31, 2025
    Dataset provided by
    CKANhttps://ckan.org/
    Description

    Requests to Citizen's Advice Calderdale including types of requests and local and national trends. For more information, advice and support, see Citizens Advice Calderdale Also see reports on national data trends about the cost of living crisis from Citizens Advice.

  13. Survey of Londoners 2021-22 - Dataset - data.gov.uk

    • ckan.publishing.service.gov.uk
    Updated Sep 5, 2022
    + more versions
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    ckan.publishing.service.gov.uk (2022). Survey of Londoners 2021-22 - Dataset - data.gov.uk [Dataset]. https://ckan.publishing.service.gov.uk/dataset/survey-of-londoners-2021-22
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    Dataset updated
    Sep 5, 2022
    Dataset provided by
    CKANhttps://ckan.org/
    Area covered
    London
    Description

    In 2018-19 the GLA first undertook a Survey of Londoners. At the time it provided vital evidence on Londoners that had never been collected before in such detail. In 2021-22, the GLA conducted another Survey of Londoners, following the same methodology as the Survey of Londoners 2018-19, an online and paper self-completion survey of adults aged 16 and over in London. The survey, which received responses from 8,630 Londoners, aimed to assess the impact of COVID-19 and associated restrictions on key social outcomes for Londoners, not available from other data sources. It is important to understand the context in which the Survey of Londoners 2021-22 took place. Survey fieldwork began in November 2021; so, up to that point, it had been four months since most legal limits on social contact had been removed. However, after fieldwork had started, some restrictions due to the emergence of the Omicron variant were introduced. This may or may not have had some effect on the data. Given these changing circumstances, caution should be applied when interpreting the results. The Survey of Londoners 2021-22 also took place just before the full effects of the cost-of-living crisis began to set in. It is highly likely that the situations of Londoners have changed while analysis was taking place. On this page there is a headline findings report, published on 30 September 2022, which provides descriptive results for the key headline measures and supporting demographic data collected by the survey. Accompanying this report are more detailed tables documenting the key results of the survey by a range of demographic and other characteristics, a short summary document presenting key findings from the survey, and a technical report for those interested in the survey’s methodology. Further to these, a series of pen portraits, providing snapshots of particular groups of Londoners, as captured at the time of the Survey of Londoners 2021-22, were first added on 31 October 2022. Also on this page, there is an initial findings report, that was published on 2 September 2022. This was published to provide timely evidence from the survey to support the case for further targeted support to help low-income Londoners with the cost-of-living crisis. We have launched an online explorer where users can interrogate the data collected from the two surveys, conducted in 2018-19 and 2021-22. This is the first iteration, so we welcome any feedback on it - GO TO THE EXPLORER The record-level Survey of Londoners dataset can be accessed via the UK Data Service, University of Essex. The dataset is available for not-for-profit educational and research purposes only. Finally, as the North East London (NEL) NHS funded a 'boost' in their sub-region to enable a more detailed analysis to be conducted within, they produced an analytical report in September 2022. This is also available for download from this page.

  14. Retirement Homes in the UK - Market Research Report (2015-2030)

    • ibisworld.com
    Updated Sep 11, 2025
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    IBISWorld (2025). Retirement Homes in the UK - Market Research Report (2015-2030) [Dataset]. https://www.ibisworld.com/united-kingdom/market-research-reports/retirement-homes-industry/
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    Dataset updated
    Sep 11, 2025
    Dataset authored and provided by
    IBISWorld
    License

    https://www.ibisworld.com/about/termsofuse/https://www.ibisworld.com/about/termsofuse/

    Time period covered
    2015 - 2030
    Area covered
    United Kingdom
    Description

    Retirement homes depend on self-funders or local council funding that covers the retirement needs of people who satisfy financial assessment means tests. Tightening government budgets have meant publicly funded fees have failed to cover providers’ operating costs, forcing retirement homes to cross-subsidise local authority beds with fees from self-funded residents. Revenue is anticipated to climb at a compound annual rate of 3.2% over the five years through 2025-26 to £12.0 billion, and it’s set to rise by 0.8% in 2025-26. Much of this is down to care homes' fees mounting to cover costs and being paid for by self-funders, who are saw their disposable income tick upwards in 2024-25, lifting industry revenue. Although the ageing population supports revenue growth, constrained government spending, delayed reform changes and rising costs (particularly for labour) have put pressure on profit. Demand for beds far outstrips the supply, which is driving investment into the industry. Mounting demand from residents who had delayed joining a retirement home during the pandemic contributed to strong growth in revenue in 2021-22. Care homes' fees then edged up in the three years through 2024-25 to cope with enhanced staffing costs, mounting mortgage payments and heightened energy costs – these were all the result of high inflation. This has been to the dismay of many retirees whose purse strings have tightened thanks to the cost-of-living crisis, making hit harder for them to afford to move into retirement homes. Higher fees have therefore dampened some of demand for beds, but they’ve also increased the sales value of care homes, supporting revenue. Retirement home revenue is expected to rise at a compound annual rate of 1.5% over the five years through 2030-31 to £12.9 billion, driven by an ageing population. By 2036, the number of people aged 85 and over will hit 2.6 million, representing 3.5% of the UK population, according to the Office for National Statistics. However, medical advances will make an older population healthier, allowing people to live independently for longer, dampening growth. Sustainable initiatives will be incorporated into the designs of new homes, helping reduce operational costs for retirement homes and supporting profitability. As real disposable income rises, there will be greater demand for luxury retirement homes, driving sales value and supporting industry revenue growth.

  15. s

    consumer data research centre - priority places for food index

    • data.stirling.gov.uk
    • hub.arcgis.com
    Updated Aug 8, 2024
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    Stirling Council - insights by location (2024). consumer data research centre - priority places for food index [Dataset]. https://data.stirling.gov.uk/datasets/stirling-council::consumer-data-research-centre-priority-places-for-food-index/explore
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    Dataset updated
    Aug 8, 2024
    Dataset authored and provided by
    Stirling Council - insights by location
    Area covered
    Description

    This dataset will be published as Open DataThis dataset was created by joining Scottish Index of Multiple Deprivation Datazone geographies and The Priority Places for Food Index which was developed by the CDRC at the University of Leeds in collaboration with Which?.A composite index formed of data compiled across seven different dimensions relating to food insecurity risk for the four nations in the UK. This version (Version 2.1, July 2024) reflects changes to the data and policy landscape which are detailed in the user guide below.The Priority Places for Food Index (https://priorityplaces.cdrc.ac.uk/) is constructed using open data to capture complex and multidimensional aspects of food insecurity risk. The index was initially developed in response to the 2022 cost of living crisis which has put many of our communities under severe financial pressure and at an increased risk of food insecurity. Building on the CDRC e-food desert index (EFDI), but with additional domains relating to fuel poverty and family food support, the goal of the Priority Places for Food Index is to identify neighbourhoods that are most vulnerable to increases in the cost of living and which have a lack of accessibility to cheap, healthy, and sustainable sources of food.From version 1 to version 2, data have been updated across several of the seven PPFI domains. This includes new area socio-demographics, foodbank, and food retailer location data. Data relating to Free School Meal eligibility has also been updated to reflect the changing policy landscape and to address regional inconsistencies in policies. Areas may look different to version one as a result of the new data incorporated or changes to neighbourhood boundaries. Because of these data changes we recommend that you don’t make comparisons between the versions.The index can be used to inform supermarket location analytics, improve the availability of budget food lines, and to ensure scare resources are targeted effectively.Note: Subject to the Department of Health and Social Care making a statement highlighting inaccuracies in the Healthy Start Uptake data between July 2023-February 2024, we have updated Version 2 of the Priority Places for Food Index (PPFI). Version 2.1 of the PPFI replaces the October 2023 uptake of Healthy Start Vouchers values with the average voucher uptake between January and June 2023 to minimise the impact on the Priority Places for Food Index insights.

  16. Share of people making spending cuts due to increased cost of living Europe...

    • statista.com
    Updated Oct 13, 2022
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    Statista (2022). Share of people making spending cuts due to increased cost of living Europe 2022 [Dataset]. https://www.statista.com/statistics/1340720/europe-cost-of-living-personal-spending-cuts/
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    Dataset updated
    Oct 13, 2022
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Sep 6, 2022 - Sep 28, 2022
    Area covered
    Europe
    Description

    High inflation driven by rising energy and food costs are causing a severe cost of living crisis in Europe. As of September 2022, the majority of people surveyed in seven European countries advised they had curbed their spending as a consquence, ranging from 69 percent in Italy to 54 percent in Sweden.

  17. Impact of the cost of living crisis on healthy eating in the United Kingdom...

    • statista.com
    Updated Nov 28, 2025
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    Statista (2025). Impact of the cost of living crisis on healthy eating in the United Kingdom 2023 [Dataset]. https://www.statista.com/statistics/1446409/impact-of-the-cost-of-living-crisis-on-healthy-eating-uk/
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    Dataset updated
    Nov 28, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Aug 10, 2023 - Aug 14, 2023
    Area covered
    United Kingdom
    Description

    In a survey carried out in August 2023, about ** percent of respondents in the United Kingdom stated that they were eating less healthily to save money. More concretely, about ** percent stated they were eating more ready meals and processed foods.

  18. u

    Scottish Islands Survey, 2023

    • datacatalogue.ukdataservice.ac.uk
    Updated Mar 12, 2025
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    Hopkins, J., The James Hutton Institute (Aberdeen) (2025). Scottish Islands Survey, 2023 [Dataset]. http://doi.org/10.5255/UKDA-SN-9340-1
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    Dataset updated
    Mar 12, 2025
    Dataset provided by
    UK Data Servicehttps://ukdataservice.ac.uk/
    Authors
    Hopkins, J., The James Hutton Institute (Aberdeen)
    Area covered
    Scotland
    Description

    The Scottish Islands Survey (2023) gathered views about different aspects of island life from Scottish island residents. The topics explored in the survey aligned with the objectives set out in the Scottish Government’s National Islands Plan (2019), including housing, transport, economic development and communities, plus a focus on how the cost-of-living crisis is affecting island residents. The data contributes to measuring progress towards the objectives set out in the National Islands Plan (2019) as well as the development of a new National Islands Plan to be published in 2025. The 2023 survey builds on data gathered in the National Islands Plan Survey (2020). Surveys were distributed to 20,000 adult residents of 75 inhabited islands in November 2023.

    Data formats
    An .rds version of the data file for R users is included alongside the Excel version, in the Excel download zip file.

  19. Electricians in the UK - Market Research Report (2015-2030)

    • ibisworld.com
    Updated Sep 23, 2025
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    IBISWorld (2025). Electricians in the UK - Market Research Report (2015-2030) [Dataset]. https://www.ibisworld.com/united-kingdom/market-research-reports/electricians-industry/
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    Dataset updated
    Sep 23, 2025
    Dataset authored and provided by
    IBISWorld
    License

    https://www.ibisworld.com/about/termsofuse/https://www.ibisworld.com/about/termsofuse/

    Time period covered
    2015 - 2030
    Area covered
    United Kingdom
    Description

    Electrical contractors service the construction industry across residential, commercial and infrastructure construction. Procyclical commercial and residential construction trends influence revenue prospects, creating more volatile revenue streams for electricians. Some stability is granted through repair and maintenance work and infrastructure construction, which remain resilient to economic uncertainty. However, electricians have been burdened by uncertainty associated with the Russia-Ukraine war, lingering inflation and housing market slumps.

    Supply chain disruptions caused by the Russia-Ukraine conflict and fluctuating material costs have hampered profitability. However, it remains largely resistant to these changes due to the nature of the industry's service, which limits the length of the supply chain. The cost-of-living crisis and soaring material costs have contributed to slowing residential and commercial construction, with ONS data showing total new housing output contracted 16.3% between 2022 and 2024, shifting the reliance of electricians towards big infrastructure projects. Civil engineering projects, like funding to maintain hospitals and schools in the Plan for Change, have proved resilient to economic fluctuations and provided lucrative contracts for electricians to see booming revenue. The National Infrastructure and Construction Pipeline drives demand for electrical installation services through government investment in infrastructure, providing work for highly skilled electricians. Overall, revenue is expected to climb at a compound annual rate of 5.3% in the five years to 2025-26, with a forecast 2% drop in revenue to £35.3 billion in 2025-26 attributed to economic uncertainty.

    Ongoing government support programmes will bolster demand for electricians in the next five years. The government’s commitment to building 1.5 million new homes by 2029 will continue to bolster output in the residential construction sector. With performance behind the current target, more funding could be poured into the project and electricians would have more tender opportunities. As the need for skilled workers grows, the government also funds apprenticeships to adequately train the next generation of electricians and address the growing skill gap. Technological advancements in AI and smart homes present an opportunity for electricians of all experience levels to expand their skill sets and capitalise on a growing number of revenue streams, with those who adapt effectively set to benefit greatly. Over the five years through 2029-30, revenue is expected to grow at a compound annual rate of 3.6% to £42.1 billion.

  20. Impact of the cost of living crisis on consumers in the UK 2023

    • statista.com
    Updated Jun 5, 2023
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    Statista (2023). Impact of the cost of living crisis on consumers in the UK 2023 [Dataset]. https://www.statista.com/statistics/1384074/impact-of-the-cost-of-living-crisis-on-consumers-in-the-uk/
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    Dataset updated
    Jun 5, 2023
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Apr 19, 2023 - Apr 24, 2023
    Area covered
    United Kingdom
    Description

    This statistic illustrates the impact of the ongoing cost of living crisis on UK consumers in 2023. According to the survey by We Are Social and Statista Q conducted in April 2023, around one-third of the consumers feel highly affected by the situation, whereas only 2 percent respondents don't feel affected by the cost of living crisis at all.

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Statista Research Department (2025). Disposable income growth forecast UK 2019-2030 [Dataset]. https://www.statista.com/topics/9121/cost-of-living-crisis-uk/
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Disposable income growth forecast UK 2019-2030

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Dataset updated
Feb 18, 2025
Dataset provided by
Statistahttp://statista.com/
Authors
Statista Research Department
Area covered
United Kingdom
Description

Real household disposable income per person in the United Kingdom is expected to grow by 2.6 percent in 2024/25, with disposable income growth slowing from that point onwards. In 2022/23, disposable income fell by two percent, after falling by 0.1 percent in 2021/22, and 0.3 percent in 2020/21.

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