Matt Whittaker, CEO at Pro Bono Economics, said: 

“Inflation reaching a thirty year high spells serious pressures for consumers seeing continual price increases at the petrol pump and the supermarket checkout. These figures mean that a typical single parent will face paying out an estimated additional £315 in food and heating this year compared to 2019, while bills for a family of four are likely to jump £580. 

"With inflation driven by staples such as food and fuel, the everyday impacts of inflation will be felt most sharply by the poorest. The Chancellor needs to deliver real, targeted support this afternoon for those in most financial difficulty not just to help with the daily cost of living, but to avoid the related debt and mental health crises which accompany growing poverty. 

"Financial pressures and employee burnout were already major concerns for the UK’s charities prior to inflation’s upwards spiral. Charities will step up to meet the growing need for their services, but policymakers should pay attention to the warning signs from the sector that itself will be hit by donation values falling and rising staff costs.”