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Showing Data from July 2018 with 0 filters

Filters

    Five levels of financial distress

  • Cutting back only

    5%
    -1
  • In July 2018

    5%

    are cutting back

    -1
    lower than July 2017
  • Using savings to cover spending & cutting back

    4%
    1
  • In July 2018

    4%

    are using savings to cover spending & cutting back

    1
    higher than July 2017
  • Borrowing from friends/family, using credit or authorised overdrafts & cutting back

    8%
    1
  • In July 2018

    8%

    are borrowing from friends/family, using credit or authorised overdrafts & cutting back

    1
    higher than July 2017
  • Using unauthorised overdrafts or payday loans

    3%
    0
  • In July 2018

    3%

    are using unauthorised overdrafts or payday loans

    0
    higher than July 2017
  • Defaulted on loan, bill, or housing costs

    8%
    2
  • In July 2018

    8%

    have defaulted on a loan, bill, or housing costs

    2
    higher than July 2017

    Our squeezometer groups UK adults according to the financial difficulty they had in the past month. Respondents are grouped on the most severe difficulty they said they'd faced.

* Data are collected via online poll for approximately 2,000 respondents each wave. Results are weighted to be nationally representative.

Overall financial distress

29%

Feeling the squeeze

The percentage of households who are either cutting back their spending on essential items or have used an authorised overdraft, payday loan, or defaulted on a loan or housing costs in July 2018

3%
Compared to July 2017

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