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Middle-aged Brits Accumulating Debt, Young Seeking Financial Assistance, Poorer Resorting to Desperate Measures Amid Cost-of-Living Crisis

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May 22, 2023
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Recent figures released by the Office for National Statistics (ONS) revealed that 61% of the UK population cited environmental concerns as one of the most important issues facing the UK. Additionally, 73% cited the economy, 87% cited the state of the NHS, and an overwhelming 93% nominated the cost-of-living crisis as their number one concern. This crisis has exacerbated the struggles of households across the country, with middle-aged individuals accumulating debts, younger generations relying on family support, and the poorer resorting to extreme measures.

The post Middle-aged Brits Accumulating Debt, Young Seeking Financial Assistance, Poorer Resorting to Desperate Measures Amid Cost-of-Living Crisis first appeared on BusinessMole.

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