Northern Ireland

Cost-of-living protestors to march in Belfast on Saturday

The Cost of Living Coalition will hold a protest in Belfast city centre on Saturday.
The Cost of Living Coalition will hold a protest in Belfast city centre on Saturday. The Cost of Living Coalition will hold a protest in Belfast city centre on Saturday.

PROTESTORS in Belfast will demand action against the cost-of-living crisis this Saturday as Stormont remains in limbo.

Organised by the Cost of-Living Coalition Belfast, demonstrators will meet at Custom House Square at 1pm before proceeding to Writers’ Square.

A coalition spokesperson said: “Stormont is in crisis and the Tory government is in tatters, but our communities won’t idly wait for action on the cost-of-living crisis.”

They accused the Conservative government of promising “more misery for working-class people” in the recent autumn budget while refusing to tackle “the booming profits and the super-rich.”

Meanwhile, half of students in the UK are reported to be experiencing financial difficulties after a sharp rise in the cost of living and a drop in income.

According to a survey from Office for National Statistics, around three-fifths of students also say they are cutting back on food shopping and essentials.

A quarter said they had taken on new debt, including borrowing more money or using more credit than usual.

Two-thirds also said their student loan was no longer enough to cover their living costs.

A quarter said they had taken on new debt, which included borrowing more money or using more credit than usual, which two-thirds reported doing so because their student loan was not enough to support their living costs.

While some universities have stepped into financially support students, the ONS said financial concerns were putting many students off higher education.