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Showing Data from February 2020 with 0 filters

Filters

    Five levels of financial difficulty

  • Cutting back only

    6%
    -1
  • In February 2020

    6%

    are cutting back

    -1
    lower than March 2019
  • Using savings to cover spending & cutting back

    4%
    -1
  • In February 2020

    4%

    are using savings to cover spending & cutting back

    -1
    lower than March 2019
  • Borrowing from friends/family, using credit or authorised overdrafts & cutting back

    7%
    0
  • In February 2020

    7%

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

    0
    lower than March 2019
  • Using unauthorised overdrafts or payday loans

    3%
    0
  • In February 2020

    3%

    are using unauthorised overdrafts or payday loans

    0
    lower than March 2019
  • Defaulted on loan, bill, or housing costs

    7%
    -1
  • In February 2020

    7%

    have defaulted on a loan, bill, or housing costs

    -1
    lower than March 2019

    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 difficulty

28%

Feeling the squeeze

The percentage of households who are either cutting back their spending on essential items or have used an unauthorised overdraft, payday loan, or defaulted on a loan or housing costs in February 2020

-2%
Compared to March 2019