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Magadh Today - Beyond Headlines > Latest News > Global > UK’s Cost-of-Living Crisis Threatens Lives, Widens Wealth-Health Gap: Study Warns
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UK’s Cost-of-Living Crisis Threatens Lives, Widens Wealth-Health Gap: Study Warns

Gulshan Kumar
Last updated: 2023/09/26 at 8:09 PM
By Gulshan Kumar 2 years ago
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A recent study published in the open-access journal BMJ Public Health has issued a dire warning regarding the cost-of-living crisis fueled by inflation in the United Kingdom. The research indicates that this crisis has the potential to shorten lives and exacerbate disparities in wealth and health.

The study’s modeling projections suggest that the sustained period of high prices driven by inflation may lead to a significant increase, approximately 6.5 percent, in the number of premature deaths (individuals under the age of 75). Notably, the most economically disadvantaged households are anticipated to experience four times the number of additional fatalities compared to the wealthiest households.

The disproportionate impact on impoverished households can be attributed to the fact that a larger proportion of their income is allocated to cover rising energy costs, which have surged significantly.

Researchers conducted an in-depth examination of the consequences of inflation on mortality rates in Scotland for the year 2022-23. The study considered scenarios with and without potential mitigating measures, such as government support aimed at reducing household expenditures.

The analysis incorporated data collected during this period to develop models projecting various potential outcomes for life expectancy and health inequalities across the entire UK under different policy scenarios.

Without any form of mitigation, the study’s model revealed that inflation could potentially result in a five percent increase in mortality rates in the least deprived areas. In stark contrast, the most disadvantaged areas could witness a staggering 23 percent surge in deaths. However, with mitigating measures in place, these figures reduce to two percent and eight percent, respectively, ultimately culminating in an overall increase in the mortality rate of approximately 6.5 percent.

The study further suggests that life expectancy would also decline across all scenarios analyzed.

The researchers conveyed the critical importance of recognizing the profound connection between the economy and public health. They emphasized that the consequences of inflation, coupled with reductions in real-terms income, are likely to have substantial and detrimental impacts, particularly marked by significant disparities.

Furthermore, the study asserted that existing public policy responses may not suffice to safeguard public health and mitigate the widening health inequalities stemming from the cost-of-living crisis.

While the UK’s inflation rate unexpectedly decelerated to 6.7 percent in August from its peak of 11.1 percent, it still stands as the highest among the G7 nations. Factors contributing to this inflation surge include the effects of coronavirus lockdowns, Brexit, and the ongoing conflict in Ukraine.

 

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