53% of UK people feel financially worse off than 5 years ago, with 67% prioritizing affordable driving and 42% struggling with vehicle insurance costs.

53% of people in the UK feel financially worse off than five years ago, according to a survey by Compare the Market. 67% of respondents want the government to focus on making driving more affordable, with 42% finding it harder to pay for vehicle insurance than five years ago. In response to these challenges, many people are cutting back on luxury expenses such as holidays, eating out, and groceries.

July 28, 2024
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