FCA releases report on cost of living

The survey, which had 3,450 respondents, details how people are cutting back on essentials due to the cost-of-living-crisis. The highlights being that 28% of adults reported not coping financially or finding it difficult to cope, as well as 11% of respondents having no disposable income. These numbers represent a slight improvement on a similar survey conducted in January 2023, with an 8% difference in those not coping financially (at 36% in January 2023) and a 3% difference in those having no disposable income (at 15% in January 2023). Respondents were also shown to be cutting back o...