This measure of homelessness in England has reached a 25-year high | CNN Business

  • 📰 cnni
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 59%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

The number of households living in temporary accommodation in England has hit its highest level since at least 1998, according to official data.

Close to 105,000 households were living in temporary accommodation — such as a hostel or a room in a shared house — in the first quarter of 2023, up 10% from the same period last year, and the highest number since the government started keeping records 25 years ago, the UK housing department said Tuesday. Local authorities in England have a duty to provide accommodation for households that have become “unintentionally homeless.

Rents have also been rising as demand surges because many more people can’t afford to buy. Households across the UK have been struggling to keep up with soaring rents and mortgages, on top of painful increases in the cost of food and energy over the past year. Consumer price inflation in the UK stood at 7.9% in June — that is down slightly from 8.7% in May but still the highest level in the Group of Seven, which includes most of the world’s biggest economies.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 326. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines