Being single is hardly fun at the best of times but, as a cost of living crisis rips through the UK, it's also proving to be a financially difficult time for such people too.
According to the Office of National Statistics (ONS), being single can cause spending an extra £630 a month , or £7,564.50 a year - while a survey by YouGov predicted that four in ten Brits anticipate their finances to get worse in the next 12 months. However, six months later, the ONS already reported that a third of people have been cutting back on essentials like food .
Hence why, across Britain, around 24 million people cut back on their energy use between March and June due to rising fuel costs- this is before even winter hits, when heating bills are said to soar yet again. For those living as part of a couple, facing challenges means more than having romantic stability with potentially two incomes to fight rising costs.
