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Evening Standard
Evening Standard
Vicky Shaw

31% of people ‘cutting back on essentials to ease financial pressures’

TSB StepChange
TSB is encouraging households who are struggling to check their eligibility for a grant, and contact their bank, or a charity for advice and debt management (Yui Mok/PA) - (PA Archive)

Two-thirds (66%) of people are concerned about their finances over the coming months and three in 10 (31%) have been cutting back on essentials such as food and heating, a survey has found.

Nearly two-fifths (38%) said their finances have worsened since this time last year, according to the research carried out for TSB and Lightning Reach, a portal that connects people with financial support grants to which they might be entitled.

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