<img height="1" width="1" src="https://www.facebook.com/tr?id=584049588761194&amp;ev=PageView &amp;noscript=1">

Metfriendly Police Family Finance Index Report 2023

The cost of living is hitting the pockets of UK Police hard. The vast majority are saying they have financial concerns and some are missing meals due to lack of money, according to the latest findings in the Police Family Finance Index from Metfriendly.

This latest survey was carried out during February and March 2023 and over 3,000 responses were
received. The survey was promoted nationally, with support from the National and local Police
Federations and many other Police stakeholders.

The research aims to identify and measure critical financial challenges facing the Police Family and
establish an ongoing measure to enable comparison over time.

According to the latest findings, the cost of living is hitting Police pockets hard, with the vast majority (86%) saying they have financial concerns and 27% missing meals due to lack of money.

The survey finds that on all indicators around financial wellbeing, the Police Family is in a worse position than they were six months ago.

Annette Petchey, Chief Executive Officer, Metfriendly said: "To know that more than a quarter of serving Police Officers and Support Staff simply cannot afford to eat is unforgivable. The Police play a critical role in keeping us safe, yet they are putting themselves and potentially others at risk by having to play financial roulette and making difficult choices between paying bills and feeding their family or themselves."

Metropolitan Police Commissioner Sir Mark Rowley said: "It cannot be right that police officers, the people who society turn to when they are most in need, are themselves turning to food banks, getting into unsustainable debt and choosing not to eat so they can pay their bills.

“We now know that 86 per cent of Met officers and staff are worried about their finances. We also know we are struggling to recruit enough new officers in London’s competitive employment market and I’m certain that pay is a key factor."

Thank you to everyone who responded to the latest Police Family Finance survey.

See the report

Topics: News

Back to guides and tips

Subscribe to Email Updates

Metfriendly Police Family Finance Index Report - March 2024

Metfriendly Police Family Finance Index Autumn 2023 Survey

Light the Lakes 2023

Metfriendly's Christmas Quiz 2022 - the results

Metfriendly Police Family Finance Index Report 2022

Scams - stay one step ahead of the scammers

Light the Lakes - Conquering peaks in remembrance of fallen colleagues

Spring Statement 2022: Cost of living to increase as inflation soars

Benefits for ALL of the Police Family

Metfriendly's Festive Quiz 2021 - the results are in...

Budget 2021: Headlines and talking points

Hook, line and sinker – some things are just too good to be true

How LRPD Trust works to give police dogs the retirement they deserve

The Metfriendly Christmas Quiz 2020 - the results are in...

The Team Police Advent Challenge

Message from your Chair, Joanna Young

Managing stress and looking after your mental health

COVID-19: Helping others and managing your money

COVID-19 update: a message from Metfriendly CEO Kathy Byrne

Our 2019 Christmas quiz: The results

Getting to know Metfriendly's Simon

Supporting the London Retired Police Dogs Trust

Getting to know Metfriendly's Joey

Our Light the Lakes 2019 Photo Competition

Metfriendly is an official sponsor of the Met Police Choir

Join the Met Police Rugby Club on Mondays for touch rugby

We're proud sponsors of the Memorial Flame at Hendon

The Metropolitan Police is celebrating 100 years of female police officers

Metfriendly appoints Kathy Byrne as CEO

125 years of Serving the Met!

Our Christmas quiz results are in...

Preparing the police family for retirement

Our Honorary President

Metfriendly is now an official sponsor of the Metropolitan Police RFC

National Police Memorial Day 2018

Supporting Officers at Notting Hill Carnival 2018