Nearly a quarter of UK adults (24%) are using their savings as a result of the cost of living crisis. That equates to 12.7 million people across the UK, reports WalesOnline.
New research from UK credit provider Vanquis reveals most Brits (82%) are worried about rising prices, and more than half (53%) are cutting back on essentials as a result. A similar amount of people (51%) expects their household financial situation to worsen in the next 12 months.
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