Posted on: December 28, 2022 Posted by: vnuqe Comments: 0

The least well off households in the UK have slipped additionally into transfer poverty, according to new figures.
Data from the office of national stats (ONS) for the RAC foundation discovered that around 800,000 car-owning households spent at least 31 per cent of their disposable earnings on getting as well as running a automobile in 2012, compared to 27 per cent the previous year.
The poorest households – those among the lowest 10 per cent of home earnings in the UK – had a regular spend of just £167. as well as £51.40 of this was to get as well as run a car, including £16.40 on fuel, £9.50 on insurance coverage as well as £6.10 on repair services as well as servicing.
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According to the RAC Foundation, the typical spend on motoring across all car-owning households is around 15 per cent of overall expenditure. This is nearly half of that of the poorest households.
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Professor Stephen Glaister, director of the RAC Foundation, said: “For the poorest vehicle owners, there is bit chance to cut motoring costs further. They’ll already be driving as bit as they can as well as will have cut back on things like maintenance.”
Meanwhile, figures from the ONS exposed that all motoring costs, bar buying a car, have risen well above the expense of living over the past 10 years.

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