New figures on the cost of living crisis reveals that around 11 million adults in the UK are struggling to pay their debts and bills. According to the Financial Conduct Authority in May, 3.1 million people are facing difficulties to pay bills. The UK financial watchdog found that 11% of adults have missed a bill or loan payment in at least three in the previous six months.

UK cost of living crisis: 11 million UK adults struggling to pay bills and debts

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UK cost of living crisis: 11 million UK adults struggling to pay bills and debts