Latest News

PR: 41% Of Brits Have Dipped Into Their Savings to Help Make Ends Meet

December 1, 2022 ( Newswire) The cost of living in the UK is rising faster than wages, meaning many households are finding it harder and harder to make ends meet. To help cope with their financial struggles, 41% of Brits have said they’ve had to dip into their savings to pay for everyday costs, such as rent/mortgage payments and utility bills. This is according to an analysis by

Talking about the report, Jonathan Merry, CEO of MoneyTransfers, said: “It is important for Brits to seek out advice on how best to manage their finances, and make use of any options that may help them cope with rising costs and stagnant wages. This could include budgeting more effectively or switching energy retailers in order to get a better deal. Getting the right advice and taking the correct steps can make a huge difference if you’re struggling to manage your finances. Being proactive with your money is key, as it will help you stay on top of costs and ensure that any savings set aside won’t need to be used before they should be.”. The full story and statistics can be found here: 41% Of Brits Have Dipped Into Their Savings to Help Make Ends Meet

More Info:

This news is published on the Newswire – a global digital news source for investors and business leaders

Disclaimer/Disclosure: is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions.

More disclaimer info: Learn more about publishing your news release and our other news services on the newswire and

Global investors must adhere to regulations of each country. Please read privacy policy:

What's your reaction?

In Love
Not Sure

You may also like

Leave a reply

Your email address will not be published. Required fields are marked *

More in:Latest News