It is easy to see why being unable to afford the weekly shop, struggling to pay for rising energy bills, cancelling holidays and trips to see family, and living in worsening conditions during the cold winter months is taking its toll on the mental health of Brits, with more than half saying the cost-of-living crisis is having a negative impact on their mental health.
According to recent research, 54 per cent of people with and without mental health problems said the country’s worsening economic situation is making them feel stressed, anxious, and depressed.
One-fifth even claimed they are unable to cope, with this figure increasing to one-third among people who already suffer from mental health difficulties.
The NHS Confederation has expressed its concern over the looming mental health crisis, saying: “This comes when already, mental health services are struggling to meet the demand for mental health support caused by the Covid-19 pandemic, in the context of squeezed budgets and workforce shortages.”
It noted that social determinants “play a significant role” in developing mental health problems, whether they are personally affected or are struggling to see others impacted.
Fewer people are also able to access support from their friends and family, as a result of transport costs, which means they cannot benefit from things that would normally give them an emotional boost.
Mental health charity Mind stated that poverty and emotional wellbeing are intrinsically linked, adding that its helpline has seen a huge surge in calls from people struggling with money, unemployment and welfare problems since summer 2021.
The cost-of-living crisis could be one of the biggest reasons for people seeking help from therapists in West London this year, whether overwhelmed with stress and concern, or feeling low and hopeless.