Nearly seven million people say they have “nothing left” to cut back on in the face of a looming wave of crippling energy price hikes, research has revealed.
The number warning that they have no financial slack rose to more than one in four among low-income households. In Scotland, just 52 per cent were confident they could maintain their “current lifestyle” in the coming year – compared with 56 per cent across the UK.
Millions of households are already in the grip of a cost-of-living crisis following a surge in energy, food and fuel bills.
