Personal perspective of a shopper pushing shopping trolley along product aisle while shopping in a supermarket. Super Market tinned and canned produce Aisle with Blurred shelves and products to make it generic. - Stock-Fotografie

The ‘cost of living crisis’ refers to the fall in ‘real’ disposable incomes (that is, adjusted for inflation and after taxes and benefits) that the UK has experienced since late 2021. It is being caused predominantly by high inflation outstripping wage and benefit increases and has been further exacerbated by recent tax increases.