Almost 4.5 Million Families in Britain Are in Serious Financial Trouble, Survey Finds - Tasnim News Agency

The number of British households facing acute financial strain has risen by almost 60 percent since October and is now higher than at any point during the coronavirus pandemic, a survey found.
The abrdn Financial Fairness Trust and researchers at the University of Bristol estimated that 16 percent of households, or 4.4 million, are in "serious financial difficulties" and a further 20 percent are "struggling" to get by, Bloomberg reported.

The findings illustrate the growing toll being taken by the worst cost of living crisis in a generation. The squeeze is set to intensify in October, when another spike in energy bills is expected to see inflation top 11 percent.