Worrying signs show a rapidly escalating reliance from UK households on credit and debt, in order to make ends meet in the face of record cost of living increases, according to the July 2022 Money Statistics, produced by The Money
We’re delighted to release our 2021 Annual Report today, telling the story of an exciting year bouncing back for the UK’s Financial Capability charity, moving from a year of simply surviving to one of thriving. Alongside the Report, we are
Wages falling at record levels are pushing ever more people into financial distress as living costs continue to skyrocket, according to the June 2022 Money Statistics, produced by The Money Charity. With average wages falling at the fastest rate in
With prices across the board rising at their fastest rate in 40 years, the challenge for UK consumers to stay on top of their money is forcing many to have to make difficult choices with their spending priorities, according to
While prices continue to rise at concerning levels and the cost of living crisis sees more people struggling with their everyday money, one small bright spot can be seen in the ongoing low rates of unemployment, according to the April
Facing the sharpest decline in living standards since records began, people in the UK are already leaning into credit and debt to meet the everyday challenges of the cost of living crisis, according to the March 2022 Money Statistics, produced
Worrying indicators for the UK’s finances have come into full effect over December and January with households facing soaring bills, according to the February 2022 Money Statistics, produced by The Money Charity. Forecasts of a challenging winter for household budgets
At The Money Charity, we understand well that many people are currently feeling very anxious about rising energy bills, increases to National Insurance contributions, mortgage rates increasing as well as the general cost of living. Many people are going to
The challenging direction of travel for the UK’s finances continued in the closing months of the year, with few indications of potential positives and some previously hopeful signs easing off, according to the January 2022 Money Statistics, produced by The
The pace of UK consumer price rises has been higher and faster than forecast by most, bringing significant challenges ahead for households in the winter months, according to the December 2021 Money Statistics, produced by The Money Charity. Financial forecasts