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We've just released our 4th Financial Stability Tracker. This in-depth nationwide study sheds light on the financial health of Britons. 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.
Our research shows that in 2024, more and more people, especially younger people, will be reliant on credit to pay for their essentials. For example, 45% of 18-34-year-olds do not expect to be able to save any money in the next six months. The financial crisis hitting the UK has had a real impact on people's lives. A quarter of 18-34-year-olds say that despite wanting a child, they decided otherwise because it was too expensive.
These numbers are just the tip of the iceberg. To gain a more comprehensive understanding, download the full report below.
