5 August 2025, 07:29 | Updated: 5 August 2025, 09:14

By James Constantinou

Many people don’t associate luxury with a cost-of-living crisis. It isn’t one of hunger or homelessness, but a story of misfortune and collapse associated with the same crisis..

I’m sure many of you will not have much sympathy for families that may have taken 3-4 holidays per year, have a second home in the South of France or who have had to slum it in the Maserati for the weekend because the Ferrari has gone in for an oil change, but for many of these families the pain of downward financial fortunes is felt in much the same way as for others less fortunate.

Children being forced to move school, cars being towed away by the finance companies, houses being repossessed, family-run businesses being closed down, families uprooted and relocating. The pain is very real for many of these families.

Now I’m not expecting many of you to reach for the violin cupboard - many readers would have experienced financial hardship.

That being said, the devastation of financial hardship can be felt through all layers of society and the........

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