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The Guardian - UK

Business

Mabel Banfield-Nwachi

‘Pulled from both sides’: Britons who send money abroad face living costs squeeze

Nigeria United Kingdom Inflation

The Cash Maker cash converter shop store in Norwich, England. — People in the UK who support friends and family abroad are expected to be among those hardest hit by falling living standards. Photograph: TM O Buildings/Alamy

“Sending money home is something I have to do, it’s not an ‘I would like to do this,’” says Toyin Oshinowo.

A project manager who moved to the UK from Nigeria when she was one, Oshinowo, 42, remits money between her “two homes” to support friends and family and pay bills in Nigeria.

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