An increasing number of adults expect their finances to improve over the next three months despite the cost of living crisis, rising energy bills, interest rates and inflation reducing spending power, research by LV= found.
The insurer's quarterly survey of 4,000 adults, the LV= Wealth and Wellbeing Research Programme, revealed that 12% of respondents believe they will experience financial improvement over the next three months, compared to 10% who expected this during the last quarter. Clive Bolton, managing director of protection, savings and retirement at LV=, commented: "People's finances are in a poor state compared to two years ago, but they have begun to gradually improve - a trend that our research identified in December last year." The index measuring financial outlook for the next three months ...
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