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Evening Standard
Evening Standard
Business
Mark Banham

One in six households in ‘serious’ financial difficulties

Abrdn

Food banks have been under strain due to the rise in cost of living in the UK (Jonathan Brady/PA)

(Picture: PA Archive)

One in six UK households are now in “serious financial difficulties” according to the latest Financial Impact Tracker results from global investment company abrdn due to the ongoing cost of living crisis. 

The company - formerly Standard Life Aberdeen - has released the information through its Financial Fairness Trust with data analysed by a team at the University of Bristol.

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