Half of people say they will cut spending

Published date16 June 2022
Publication titleHuddersfield Daily Examiner
Around half (51%) are cutting back on "non-essentials" such as eating out and going to the cinema, and 41% are shopping around to find better prices, according to the Building Societies Association (BSA)

Around a fifth (21%) of people surveyed are concerned about rising interest rates and nearly a third (32%) are worried about being able to save for the future.

Some 6% of homeowners said they are worried about paying their mortgage, while 24% of people who are not homeowners are worried about paying housing costs...

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