Cost of living crisis grips UK as half of households struggle with essentials

• Almost half (49 per cent) of UK households are struggling to afford everyday essentials, according to a new Which? survey.
• This financial strain is forcing many to dip into savings or sell possessions, with 26 per cent of households regularly using savings.
• Consumer confidence in the UK economy has plummeted to its lowest level since late 2022, reaching minus 56.
• A significant majority, 67 per cent of UK adults, anticipate the national economy will worsen over the next year.
• Which? urged those struggling with bills to contact their providers and seek free, independent debt advice.

IN FULL

UK households dip into savings amid struggle with cost of everyday essentials