Four in 10 workers in the UK are now saving less than £100 each month, while one in seven are unable to save anything at all due to the cost of living crisis, according to research from The Exeter.
As the cost of living continues to pile pressure on the personal finances of UK citizens, the research found that over half (52%) of the 2,000 employed and 2,000 self-employed workers surveyed are concerned about their ability to pay food or utility bills. Meanwhile, just under half (44%) are concerned about being able to pay their mortgage or rent. The Challenging Times: The health and financial fears of UK workers report found that around half (49%) of workers are spending less on weekly grocery shopping, 44% have cut back on energy and water usage, while 41% have reduced their spen...
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