UK private sector rents in the last year saw their highest jump since records began in 2016, according to new data.
Campaigners have renewed calls for a freeze on evictions, similar to that seen during the COVID pandemic, as the soaring cost of living leaves tenants facing impossible choices between food, heating and rent.
Figures from the Office for National Statistics (ONS) show landlords pocketed an average 3.2% more in the 12 months to July 2022. Real-terms wages fell by record amounts between April and June, it was revealed yesterday.