Check If You Qualify

Lockdown ‘Adding to Financial Pressure on Low-income Families’

Sharon McDougall - 13th January 2021 - 2 minutes to read

The circumstances of lockdown are adding to the financial difficulties of low-income families across the UK, according to a new report carried out by the Resolution Foundation.

The think tank has said that having to stay home for the most part means needing to spend more money on food, energy and remote learning as far as millions of families are concerned.

For many more well-off households, the lockdown situation has led to a decrease in outgoings but for those on lower incomes the effect has often been to see financial pressures increase.

Research carried out since March last year shows that higher income households have saved money they would otherwise have spent because of the Covid-19 pandemic but for those on lower incomes the dynamics are often very different.

According to the Resolution Foundation, around 36 per cent of low-income households have seen their outgoings increase over the course of the pandemic, while 40 per cent of higher income families have been spending less since the crisis began.

Among the issues understood to be impacting low-income families and their finances is that the average amounts being spent on food shopping has increased because of a limiting of access to in-store discounts and promotions.

Meanwhile, many people have found themselves spending more money on food shopping each week or each month because they need to make their purchases closer to home because they need to avoid using public transport.

“The pandemic has forced society as a whole to spend less and save more. But these broad spending patterns don’t hold true for everyone,” said the Resolution Foundation’s chief executive Mike Brewer.

“The extra cost of feeding, schooling and entertaining children 24/7 means that, for many families, lockdowns have made life more expensive to live on a low income.

“With the country going into another lockdown for at least the next few months, the Chancellor should acknowledge the pandemic pressures that families with children face and reconsider plans to cut Universal Credit in just a few months’ time.”

If you live in Scotland and are worried about your personal debt situation then Scotland Debt Solutions can help. Contact us directly to arrange a FREE and confidential consultation.

facebook colour icon linkedin colour icon messenger colour icon whatsapp colour icon email colour icon
Sharon McDougall Square

Sharon McDougall


Other News

Debt Levels Soaring across Scotland, New Figures Show Debt Level Rising

Debt Levels Soaring across Scotland, New Figures Show

Levels of unsecured debt in Scotland increased dramatically during 2022 as the cost of living crisis took its toll on household finances.

Nearly Half a Million Scots Facing ‘Profound Financial Hardship’ Financial Hardship

Nearly Half a Million Scots Facing ‘Profound Financial Hardship’

Close to half a million Scots are in a position of profound financial hardship, according to a new set of figures.

Scots with Disabilities Urged to Check Eligibility for New Benefits Scottish Man In Wheelchair

Scots with Disabilities Urged to Check Eligibility for New Benefits

Disabled people in Scotland are being urged by the government to check whether they might be eligible for benefits that could help make their life a little easier.


Why Choose Us

Usp Location

5 Offices in Scotland

National Coverage

Usp House

Ask us About

Home Visits

Usp Hand Heart

Helping Scots Get

Out of Debt Since 1989

Usp Handshake

We offer an

Instant Initial Consultation

Usp Palm Wallet

We'll Help You

Lower Monthly Payments

Usp Hand Heart


Out of Debt Since 1989

We'll give you a call

Our Scottish based team can help advise you on your debt problems.

Here at Scotland Debt Solutions we take your privacy seriously and will only use your personal information to contact you with regards to your enquiry. We will not use your information for marketing purposes. See our Privacy Policy.


Useful tools

Personalised Debt Report
Usp Planner

Personalised Debt Report

Our personalised debt report will help you better understand your financial position and see where your money is going.

Debt Report
Instant Scheduled Call & WhatsApp

Instant Scheduled Call & WhatsApp

Arrange a call with an expert advisor at a time to suit you or contact our team via WhatsApp for immediate help and advice.

Arrange Callback
Find a Local Office
Usp Signpost

Find a Local Office

We have five offices located across Scotland. Find your nearest one here.

Find an Office

Our Insolvency Practitioners are regulated by ICAS or the IPA and our firm is authorised and regulated by the Financial Conduct Authority

Fees and Information: There are fees associated with our services. These will be fully explained before entering into any of the personal debt solutions referred to on this website. Full details of our fees and how these are charged are fully explained to you prior to you committing to any particular service.

ICAS Insolvency Practitioners