The pound is tanking right now, but young Black British professionals are still supporting family aboard.
Rusheen Hemley, 29, hadn’t expected that she’d assume primary responsibility for her family’s finances. But after her mum, a former carer, suffered an injury on the job and was unable to work for an extended period, she moved from London back home to Birmingham where she was needed.
“I feel like moving back to Birmingham means I’ve taken a step back, whereas if I’d carried on in the role that I was doing in London, I would have been a bit further ahead,” she tells HuffPost UK. “It’s also made me take a step back from saving to buy a property.” You may be thinking that other ethnic groups also send remittance , which is true. In fact, it’s estimated that India received the most remittances from the UK in 2018 at £3bn, closely followed by Nigeria. But the Black population in the UK occupies some of the country’s most economically disadvantaged positions.
Black people also had the highest unemployment rate out of all ethnic groups as of 2019, which was double the rate of white people. Black Africans also have the second lowest rate of homeownership behind the Arab ethnic group .Things gets worse when you consider that the Black tax is directly impacted by the cost of living crisis, both for those sending money and those in receipt of it.
“There will now be a lot of pressure especially on first and second generation migrant workers —those who have immediate families in foreign countries — to send more money home even when they are not earning enough. And I would expect that will likely force a lot of people to start looking for alternative jobs or even picking up more shifts and more work.”
“From extended family there’s some level of entitlement. It’s like ‘Oh you’re in the UK, you’re better off, you’re supposed to help everybody back home,’” she says. “But from my immediate family I don’t feel that. I can literally tell them I can’t send money this month and everybody’s fine.”The challenges posed by the current economic climate mean now more than ever, we need to prioritise our own responsibilities.
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