We are proud to present to you our latest Stability Tracker, a nationwide research on the state of finance of the UK. In our ongoing effort to understand the needs of the people in our country, this research has revealed critical insights. These findings highlight the daily challenges faced by individuals in the UK and inspire us to work even harder every day to provide them with products that can help fulfil their needs, as well as being are fair and transparent which is something we pride ourselves in. Our research shows that in 2023, nearly two-fifths (38%) of UK adults find their financial future unpredictable. Furthermore, we have discovered that the cost-of-living crisis has taken a toll on mental health. A significant one-third (30%) of UK adults report a noticeable deterioration in mental wellbeing since the crisis began, rising to nearly half (48%) among 25–34-year-olds. These statistics provide a glimpse of our findings. For a deeper dive into these insights, click the link below to download the full report.
For information and support to aide you in achieving your financial goals Money Helper is a free service set up by the Government to help people make the most of their money. If you would like to learn more about Money Helper and their services click here.