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The Independent UK
The Independent UK
Business
Karl Matchett

One in ten UK adults have zero savings - while millions suffer under credit card debt

The concerning lack of ability for some people to cope with unexpected costs has been revealed as new data showed one in ten (10 per cent) of UK adults have no cash savings whatsoever, leaving them vulnerable when faced with increased bills.

More than 13m people across the nation are thought to be facing tough conditions financially, including amassing debt, have little savings or have missed paying bills.

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