The purchasing power in the UK has dropped by 41% over the last 20 years; £100,000 left in a bank account since 2004 is now worth £59,021.
Among UK nations, Northern Ireland has the highest financial difficulties, with 34% of its population affected, followed by Wales (31%), England (28%), and Scotland (22%).
In response to rising costs, 53% of Britons have cut back on smaller items, 52% reduced household energy consumption, and 48% decreased grocery spending.
3 in 10 Britons are struggling with the cost of living, particularly women, those aged 35-49, households earning less than £15,000, and single parents.
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