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Report on financial stability

Financial resilience in the UK

The wobbly state of the UK consumer

Savings are at generational lows due to a combination of declining real wages and historically low interest rates. Combined with increasing inflation and an eroding safety net following years of austerity, the current environment makes it very difficult for a significant part of the population to live without relying on credit, even for day to day living expenses.

The current focus on consumer credit and the financial stability of UK household offers us all an excellent starting point to discuss not just the absolute level of debt, but to engage in balanced conversations about the different kinds of credit and how they can be improved to the benefit of UK consumers.

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Case studies

Stories from real life #1

The always busy mum

My partner and I recently moved with our kids. We were searching for mortgage offers for ages...

Stories from real life #2

The stressed out dad

I work in the healthcare sector, and have four kids – from 11-years old to 22. Work is really hectic, and I want to focus on...

Stories from real life #3

The irregular earner

You know the first thing you asked me – if £250 extra expense would be stressful? The answer is It would be chaos...

Stories from real life #4

Just treading water

I was in law enforcement for more than 10-years and earned good money, but the pressure of shift work started to take...

Read the report