Record 6.7m people in Britain are in financial difficulty, warns debt charity

6.7 million UK households warned they have entered 'financial difficulty'

A record 6.7 million people in Britain are in financial difficulty, it has been warned. A debt charity have registered a surge in requests for help as nearly 30 per cent of 18-to 24-year-olds miss three or more credit or bill payments.

Record 6.7m people in Britain are in financial difficulty, warns debt charity

Surge in requests for help reported as nearly 30% of 18- to 24-year-olds miss three or more credit or bill paymentsA record 6.7 million people in Britain are in financial difficulty, a campaign group has claimed, as the cost of living crisis pushes more households into debt.A survey for Debt Justice found that 13% of adults had missed three or more credit or bill payments in the last six months, a figure that rose to 29% among 18- to 24-year-old…

Millions face poverty 'tipping point' amid struggle to afford essentials

The cost of living crisis has made millions of Brits reliant on credit to pay household essential bills, driving them further into debt.

Wages have fallen across UK since 2019 in cost of living crisis, research shows

Conservative constituencies have seen biggest declines in earnings

UK pensions failing to keep up with cost-of-living

UK pensions are failing to keep up pace with the increasing cost-of-living, as pensioners are left with just £74 after buying essentials, research from Almond Financial has shown.

New report reveals millions on low incomes face poverty ‘tipping point’ as they struggle to pay for essentials

Four out of five people with incomes below the minimum level are in debt due to household bills, according to a new study.