Belt-tightening shoppers could wipe out nearly £25 billion worth of spending over this financial year 📉
Belt-tightening shoppers could wipe out nearly £25 billion worth of spending over this financial year, researchers say.
More than a third of UK households are ‘financially distressed’ and plan to cut back on most, if not all, of their non-essential spending, as low incomes and high debt levels leave little room for manoeuvre. A further 25% are ‘squeezed spenders’ who see the need to cut back but prefer to borrow or dip into savings.Deliveroo has seen the demand for takeaways drop
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