Authors: Sharon Collard, Professor of Personal Finance, University of Bristol Jamie Evans, Senior Research Associate in Personal Finance, University of Bristol
Even before the current cost of living crisis, disabled people were much more likely than non-disabled people to be in poverty and living on inadequate incomes. Now, spiralling living costs are adding to years of financial disadvantage. Our new analysis of YouGov survey data starkly illustrates the situation, showing that three in ten disabled households are in serious financial difficulty.
The UK government has announced several measures that will provide some relief for many, including an energy price freeze and payments totalling £650 for people on means-tested benefits. All households will also receive a £400 reduction in energy bills via instalments spread over six months, and 8 million pensioner households are receiving a separate one-off payment of £300.
This blog post was written by Marilyn Howard, Honorary Research Associate and Doctoral student in the School of Policy Studies, University of Bristol
Couples living together are often assumed to share income and manage finances jointly. This assumption underpins means-tested benefits, which treat a couple as if they were one unit, so that one partner’s income and assets affects the couple’s overall benefit entitlement.
Summarising existing research into money management and control in a briefing for the Women’s Budget Group , Marilyn Howard from the University of Bristol, and Fran Bennett from the University of Oxford, use these insights to explore the implications for how social security benefits are designed and delivered.
In all the hype that has surrounded its Libra currency, Facebook has been able to distract attention away from an important issue. Libra is being hyped as Facebook’s bitcoin but it’s really a proposal for a global payments system. And that system will be controlled by a small and exclusive club of private firms. Continue reading →