The cost-of-living crisis is forcing Brits to go into the office to work and shower, raid their savings and borrow from friends and family, according to the latest update of the LifeSearch Health, Wealth and Happiness Index.
The cost of essentials needs to go up by just £128 per month for Brits to struggle financially in the months ahead, reports LifeSearch, as its latest update on the UK’s Health, Wealth and Happiness Index reports further falls, dropping to levels not seen since the third lockdown in Q1 2021, as the cost-of-living crisis hits Brits’ wellbeing with a devastating blow.
When asked how much spending on essentials would have to rise each month for them to struggle financially, one in ten (12%) British adults said “£0 I already struggle”. On average, UK adults say essentials need to go up by just £128 pm for them to struggle, dropping to just £111 pm for women and £102 pm for younger people (aged 18-34).