New research from consumer watchdog Which? reveals that one in seven households with children faced financial strain in the past month, with many struggling to cover the costs of back-to-school essentials. The latest Consumer Insight Tracker indicates that 15% of families surveyed missed essential payments, including housing, bills, loans, or credit card payments, in the month leading up to September 8.
This contrasts sharply with the five percent of households without children facing similar financial challenges. Overall, 8.2% of all UK households—approximately 2.3 million—missed essential payments during this period, consistent with the persistently high missed payment rates observed over recent months.
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