A perfect storm of rising inflation and energy bills are hitting people hard in the pocket.
The cost of living has been increasing across the UK since early 2021 and in April 2022, inflation reached its highest recorded level.Â
The ONS estimates that it is now higher than at any time since around 1982, affecting the affordability of goods and services for households.
Although the increase in inflation has led to the bank increasing interest rates and thereby boosting the profits of the big firms that dominate the FTSE, markets get nervous when there is prolonged uncertainty in the market.
So how will the cost of living crisis impact UK equities and its investors?
This report is worth 30 minutes of CPD.