The current cost of living crisis is having a big impact not only on households but also on charities working to support vulnerable people. The crisis is now plunging millions of households into hardship, with the worst fall in living standards since the 1950s in the UK.
Increasing numbers of people will be unable to meet their basic living needs such as adequate heating for the home, appropriate clothing or adequate nutrition which will likely lead to increasing ill health. Poverty rates are predicted to rise resulting in the overall absolute poverty rate increasing in the UK from 17% in 2021-22 to 22% in 2023-24. Child poverty is projected to increase by 45% in 2023 – 2024. This will mean that 14 million people would be in poverty in the UK with 1.3 million of these being children1.
Demand for support from charities in communities is now spiralling upwards and there is a genuine concern for those communities that are dependent on them for care and support2. Charities are worried they will be able to keep providing their services and 35% believe their organisation will struggle to survive the crisis3.
PayPal Giving Fund is working with three charities; FareShare, GlobalGiving UK and Independent Food Aid Network to help them continue to support those who need them the most.
Donate now to help them continue their important work on the ground. No one should have to choose between eating and heating.
1 Source: Resolution Foundation Living Standards Outlook September 2022
2 Source: The Road Ahead, NCVO 2022
3Source: Charities Aid Foundation 2022
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