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Soaring prices push 1.6m more UK households into financial trouble – study

Study shows poorest hit hardest as 1.6m more UK households are struggling compared with late 2021

Soaring prices have plunged more people into financial trouble than Covid-19, according to a study tracking the fortunes of UK households since the start of the pandemic.

A total of 1.6 million more households are struggling than the last time the study of 6,000 households reported nine months ago. It brings to 4.4 million – one in six – the number of households estimated to be in “serious financial difficulties” across the whole population.

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Read the original article at The Guardian

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