Why the Cost of Living in the UK Keeps Rising – And What You Can Do About It
By Medyabir News – July 2025
In this article, we explore why the cost of living in the UK continues to rise, the factors driving inflation, and practical steps individuals can take to protect their finances.
📈 What’s Causing the Rise in Living Costs?
- Inflation and Global Supply Chain Issues
Following the COVID-19 pandemic and the war in Ukraine, global supply chains were disrupted. These challenges led to price increases across goods and services in the UK. - Energy Prices
Despite government intervention, energy prices remain high, especially during winter months. Electricity and gas bills have doubled for many households compared to 2020. - Brexit-Related Trade Barriers
Changes in import/export rules have increased costs for businesses, and those costs are being passed on to consumers. - Housing Market Pressure
The rental market, particularly in London and the South East, has become unaffordable for many. First-time buyers are struggling with mortgage rates that have tripled since 2021.
💡 How to Cope With Rising Costs
- Budget Smartly: Use budgeting apps like YNAB or Emma to track spending.
- Switch Energy Providers: Compare tariffs regularly using websites like Uswitch or MoneySuperMarket.
- Cut Unnecessary Subscriptions: Audit your digital subscriptions – are you using all of them?
- Grow Your Own Food: Even small garden spaces can produce herbs and vegetables to cut down on supermarket bills.
- Use Public Services: Libraries, NHS health checks, and local council services can offer free support.
🧠 Did You Know?
- The UK inflation rate peaked at 11.1% in October 2022 — the highest in 41 years.
- As of 2025, over 9 million people in the UK are considered to be living in fuel poverty.
- Average monthly rent in London now exceeds £2,000 for a one-bedroom flat.
📣 Final Thought
The cost of living crisis in the UK is not just a phase — it reflects deeper economic challenges. While national solutions will take time, individuals and communities can take action today. Staying informed, planning ahead, and sharing resources can make all the difference.