01/02/23

Permalink Third of UK citizens would struggle to find extra £20 amid economic crisis: Poll

More than a third of UK adults would find it difficult or impossible to cover a £20 increase to their monthly outgoings, a new research shows, indicating that the cost of living crisis shows no sign of abating. | Polling for Citizens Advice indicated that 37 percent of those surveyed would struggle or be unable to cope with a £20 increase in their monthly outgoings, as the cost of living crisis hits household finances, the Guardian reported. The charity said people were increasingly resorting to desperate measures to get by, such as eating only cold meals. 💬 “Millions of households are at financial breaking point: running down savings, going without bare essentials and turning to food banks to get by,” said the charity’s Chief executive Dame Clare Moriarty. “We’re already seeing record numbers of people coming to us for crisis support and this research shows people simply cannot cut back any further.

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