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Daily Mirror
Daily Mirror
Politics
Ben Glaze

Millions of 'financially fragile' Brits mired in debt in cost of living crisis

Nearly nine million adults are "financially fragile" and risk being overstretched in the cost-of-living crisis, a report has warned.

Record levels of unsecured debt and climbing interest rates are piling pressure on household budgets, according to data by accountancy giant PwC and credit app TotallyMoney.

They found 8.9 million adults showing signs their finances are teetering on the brink - meaning they may need to use their overdraft to cover everyday spending and essentials, such as food shopping.

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