A new poll conducted by YouGov for StepChange Debt Charity, has revealed that 43 per cent of the UK population, including 48 per cent of Scottish adults, equivalent to more than two million people, have found it difficult to keep up with household bills and credit payments in the last few months.
With the rising price of living costs putting a strain on household finances, the new poll of 1,800 people in January, suggests that almost one in five (18%) Scottish adults have borrowed to pay for essential household bills and utilities in the past 12 months. The proportion of people falling behind on financial commitments is growing, with 14 per cent of Scottish adults saying they were behind on at least one household bill in January.
Overall, the cost of living crisis has led people to feel much less financially secure. Only one in 14 (7%) Scottish adults said their financial situation was more secure now compared to a year ago.
