The poverty penalty in action—less for your money

The recent Bank of England evidence on the record levels of personal debt that have accumulated since the 2008 economic crash highlight the financial vulnerability of many people across the UK. Research by the University of Manchester into everyday living costs for those with limited financial resources has been launched this week with the End Child Poverty Coalition at Westminster. Here, Dr Kingsley Purdam and Oxfam’s Graham Whitham outline some of the key issues facing families with limited financial resources.