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SOME 2.3 million households in Britain missed an essential payment last month, up from 1.9 million in December, figures suggest.
A monthly poll by Which? reveals today that 59 per cent of the public made at least one financial adjustment such as cutting back on essentials, selling items, or dipping into savings in the last month to cover essential spending.
This is a significant increase on the 49 per cent last January, while the figure saw a high of 65 per cent in September.
The number of households cutting back on essentials such as utility bills, housing costs, groceries, school supplies and medicines has increased from three in 10 last January to four in 10 last month.
Which? director of policy and advocacy Rocio Concha said: “With 2.3 million UK households missing payments in January and those on the lowest incomes being hit hardest, consumers will need more support than ever in 2023.
“As the cost-of-living crisis continues to bite into household finances, we are calling on businesses in essential sectors – like food, energy and broadband providers — to do more to help customers get a good deal and avoid unnecessary or unfair costs and charges.”
