Cost-of-living pressure points
What does the spiralling cost of living mean for consumer protection?
Posted 25 June 2022 | JoTS Online
Content Tags: Analysis|Consumer Goods and Services|National
ANALYSIS: Rising prices, soaring energy bills and wider economic uncertainty are reshaping consumer behaviour and enforcement priorities. This analysis considers the implications of the cost-of-living crisis for trading standards.
Hardly a day seems to go by without more gloomy economic data and new fears over the impact of the cost-of-living crisis. As if the challenge of a worldwide pandemic wasn’t enough, now consumers and businesses must contend with soaring living costs and rising prices.
The past few months have seen a raft of unwelcome developments. According to the Office for National Statistics, almost 90%...
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