[INSIGHTS] : Financial Lives Study Update

An update on the Financial lives study today from the FCA. Unfortunately, it does not seem to be getting better for many consumers.
Separately I have also been analysing the early release data from the FCA. The Interactive graphic is pasted below for you to have a look and explore of the data too.

A couple of observations

% consumers with low resilience appears to be increasing
% Increase is in the 55-64 age range, more in London and South West
Keeping up with Domestic bills is increasingly a burden, driven by retirees and 55-64 age ranges
Debt owed has gone down (expenses have gone up)
Consumers have lower financial resilience with a shorter time until they exhaust buffer funds

This points to consumers in work, increasingly being stretched by increased expenses.

Article Summary
The Financial Conduct Authority (FCA) has released findings from their Financial Lives cost of living survey, which highlights the financial challenges faced by UK adults in the six months leading up to J...