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Which? Finds 52% of UK Households Making Cutbacks, Highest Level This Year

The consumer group warns that increased use of savings, borrowing and cutbacks signals worsening strain heading into winter.

Overview

  • The mid-October tracker estimates 14.8 million households made financial adjustments, the highest share reported in 2025 and the most since December 2024.
  • Households missing at least one essential payment fell to 5.5% from 7.7% in September, equivalent to about 1.6 million homes.
  • Reported measures include cutting back on necessities, dipping into savings, selling possessions or borrowing, with low-income households especially likely to reduce essentials.
  • The survey of more than 2,100 people across the UK was conducted from October 17 to 19.
  • Outlook split: 20% expect improvement over the next year and 34% expect deterioration, often citing prices, bills, inflation and possible tax rises, and Which? urges those struggling to seek free debt advice and contact providers.