One in five households relying on loans and savings to pay for food bills


Austerity ‘has led to suicides’, say Oxford researchers

(Video credit: NewsPremiere)

Published on 30 Apr 2013

A group of researchers claim that austerity measures in Europe and North America are having a devastating effect on health, including increased levels of suicide and depression.
The author of the research, David Stuckler from Oxford University, and economist Howard Wheeldon spoke to BBC World’s Global programme.

Debt Despair: UK plagued by suicides as austerity shows no mercy

(Video credit: RussiaToday)

Published on 17 Feb 2013

Suicide rates are soaring in the UK, with money worries pushing many over the edge. Cuts to mental health services and aggressive debt-collecting are cited by experts as major factors aggravating the situation. RT’s Andrew Farmer met one mother, who lost her child over debt despair.

Inside Story – The human cost of austerity – AJE

(Video credit: AlJazeeraEnglish)

Published on 27 Oct 2012

Rates of suicide and depression are on the rise in Spain as the unemployment figures in the country reach a record high. So is this the human cost of austerity? Inside Story debates with guests: Diego Lopez, Madhur Jha and Maria Nyman.


One in five households were forced to rely on loans and savings to cover their food bills last month, new research has claimed.

According to consumer group Which?, five million families are approaching financial ‘breaking point’ and have admitted to using credit cards, overdrafts and loans to pay for groceries.

The research showed low-income households making less than £21,000-a-year and those aged between 30 and 49, many of whom have children, were struggling the most.

Of the 2,000 people polled, 82 per cent said they were worried about food prices and 57 per cent claimed they were finding it ‘difficult to cope’ on their current income.

Commenting on the results, Which? executive director Richard Lloyd said: ‘Our tracker shows that many households are stretched to their financial breaking point, with rising food prices one of the top worries for squeezed consumers.

‘It’s simply shocking that so many people need to…

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