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Evening Standard
Evening Standard
Business
Michael Hunter

Cost-of-living crisis already hits average household by £249 a month, says Nationwide

Nationwide is owned by its 15 million customers

(Picture: PA Wire)

Research from the UK’s biggest building society has shed new light on the financial toll the cost-of-living crisis is taking on personal finances and how people are reluctant to seek help. 

According to Nationwide, the average household is £249 per month worse off due to soaring inflation and the impact it has already had, meaning costs are up by almost £3,000 per year.

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