Photo Credit: Chris Ratcliffe
The media has been gorged with stories about the Royal Family for more than two weeks, particularly those pertaining to Queen Elizabeth II, her life, accomplishments, problems, and burial. As a result, Britain observed a protracted period of national mourning in honor of its longest-reigning monarch.
Numerous tributes were paid to their late Queen as large crowds of people visited them. Additionally, the tragedy caused mourning worldwide, and global leaders assembled for the funeral in what appeared to be the most secure funeral.
However, many young Brits have noted that they are much less concerned with what is happening with the Royal Family and more focused on the more pressing issues threatening the community: the struggling economy and the continued rise in the prices of commodities. This is especially true now that the Queen has been buried and Charles has taken over as King.
Brits were questioned, and many voiced their dissatisfaction with the public’s misplaced focus on what matters now. For example, Liz Truss was appointed as the future Prime Minister; King Charles III made Monday a bank holiday, and the Queen’s funeral funds were overspent. These concerns are taxing the economy’s ability to recover from its present recession.
According to young Brits, many people in the UK struggle to make ends meet. The Royal Family has still spent a sizable sum of money on services that are less crucial than the country’s present economic problems.
“How am I just going to live? I feel like a baby that’s come out of an egg, and the sun is too bright, and that sun is the cost of living,” said a 22-year-old master’s graduate, Atiya Chowdhury.
Purchasing power is affected
The cost of living in Britain increased last year as a result of rising inflation. Due to the Russian-Ukrainian conflict, tax rises and the ensuing pressure on gas firms to deliver energy only worsened the issue. The Institute for Government claims that ordinary citizens’ salaries cannot keep up with the quick increase in the cost of goods and services.
The rate of pay increase has often lagged behind inflation. Additionally, the government imposed tax hikes that remained in place till the present, which has reduced people’s purchasing power in the United Kingdom.
According to the Office of National Statistics, prices increased 8.6% on average in just over a year. And no one else is to blame but the rising costs of various goods, including food, oil, gas, and electricity.
Russia’s supply restrictions have served as a stark message to all of Europe of the potential difficulties they may encounter, particularly as the winter months approach and the majority of people in Europe rely on gas to heat their homes.
In response, the government instituted subsidies for businesses and households to control prices and enable consumers to pay for the increased gas costs over a minimum of six months. However, according to several analysts, the poorest are anticipated to receive a smaller portion of the subsidy, and there may be disparities in how the payment is distributed among economic categories.
“I can’t see them being very welfare-based and giving handouts, but that’s what they have to do to allow people to live. Otherwise, there will be dramatic changes in people’s lifestyles, which I don’t think is very good for the country,” stated 20-year-old Sara Moghal.
“No matter how much income you have, it’s really going to impact everyone.”
“I think there’s so many political challenges that are going on with the war in Ukraine, energy prices, domestic issues. I think all of that coming together, it makes quite a bleak picture for a young person. It’s kind of hard to be hopeful at the moment with stuff like that,” Maddie Baker said.
“I just think it’s quite depressing at the moment. I turn on the news, and all that’s there is just sad stories and depressing news all the time.”
Opinions expressed by Texas Today contributors are their own.