Over 7.4m people are struggling to keep up with bills and credit repayments in January 2024 according to official data published by the UK regulator. This is down from 10.9m in January 2023 but is still higher than the 5.8m recorded in February 2020, before the cost of living squeeze
Improving picture for UK personal finances, but many still struggling
2 min read
FCA research has found many in the UK struggling to meet financial commitments.