financial difficulties

One in six households facing ‘serious financial difficulties’

11th July 2022 Arrears and Recoveries | #financial difficulties

One-in-six UK households (4.4 million) are now in ‘serious financial difficulties’ compared to one-in-ten (2.8 million) in October 2021 according to research by abrdn Financial Fairness Trust. The figures are worse than at any point during the pandemic. Of those 4.4 million in serious financial difficulties, to make ends meet 71% have reduced the quality…

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financial difficulties

One in six households facing ‘serious financial difficulties’

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