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Which? is calling on the Government to introduce a national savings strategy in 2015 as we find a third of people are planning to save less in the coming months. The latest findings from the Which? Consumer Insight Tracker show that while nearly half (49%) are worried about their level of savings, a third of people (33%) are […]
Ahead of this year’s party conference season, we reveal how consumers are feeling about the cost of living. The Which? Consumer Insight Tracker, which monitors on a monthly basis how consumers are coping in the current financial climate, confirms that consumer confidence is up: 31% expect the economy to improve in the next year, up […]
Which? executive director Richard Lloyd said: “We have avoided a triple-dip recession, but consumers are still feeling the pinch and many expect their household finances to remain under severe pressure for months to come. Our figures show a third of us feel squeezed with millions cutting back on essentials or resorting to high cost credit. […]
New Which? research paints a gloomy picture of consumers caught up in a long squeeze that sees many unable to save, too worried to spend and unlikely to cope with financial shocks. Which?’s latest Quarterly Consumer Report shows more than half (54%) of consumers expect their household budget to be tighter this year and 42% of people expect the economy […]
News that the economy contracted at the end of last year will come as no surprise to hard pressed households, with two-thirds (68%) of people describing the economy as poor, and more than four in 10 (44%) saying they expect it to get worse in the next 12 months. The latest Which? Consumer Insight tracker […]
Five years on from the day the global financial crisis officially started and the public are more disillusioned with the banking sector than ever before. As the Parliamentary Inquiry on Banking Standards prepares to get underway, a new Which? survey has found almost three-quarters (71%) of people don’t think UK banks have learnt their lesson from the financial crisis – up […]
Which? executive director Richard Lloyd said: “Today’s shocking GDP figures are further evidence of what hard-pressed consumers know only too well, that we are in the midst of the biggest financial squeeze since the 1920s. “Our Consumer Report found Britons are among the most economically vulnerable consumers in Europe, with people’s ability to save at rock […]