Over 3 in 5 People in London Are More Concerned About Debt Now Than They Were Six Months Ago

Our recent survey revealed that over 60% of Londoners are more concerned about debt now than they were six months ago. The increase in concern has occurred as a result of the recent, well-documented increase in cost of living prices across the UK.

The survey also revealed that almost 90% of respondents are at least somewhat worried about the cost of living increases. On top of that, over half revealed that they were “very worried” in the wake of the changes. These staggering statistics show that these emerging financial issues aren’t restricted to working class families alone, but in fact affect a much wider range of London’s residents.

Matt Dronfield, Head of Debt Free London, shared his thoughts on the survey results:

It is terrible to see such widespread concern over the rising cost of living. People are struggling to go about their normal lives without worrying about their financial situation on a daily basis. Our team of professional advisors has been working around the clock to help reduce financial stress in every way that we possibly can.

"It is terrible to see such widespread concern over the rising cost of living. People are struggling to go about their normal lives without worrying about their financial situation on a daily basis. Our team of professional advisors has been working around the clock to help reduce financial stress in every way that we possibly can."