We’re thrilled to announce the launch of the Summer Edition of the Money Matters Index in partnership with Mouthy Money! As we navigate through some tough economic times, this edition serves as an essential compass, offering valuable insights into the financial health of our nation.
Over the past year, we’ve faced some unprecedented challenges. Food prices have hit a 45-year high, real-term pay has plummeted at its fastest pace in 20 years, and the Bank of England’s interest rates have scaled a 15-year high of 4.5%.
Given this landscape, we set out to explore a critical question: In the face of such stark financial realities, are we burying our heads in the sand, or are we responding with decisive actions?
To answer this, we reached out to 2,000 adults across the UK, aged 18-65, the majority of whom are in full-time employment. Through this broad cross-section of society, we aimed to understand how the cost-of-living crisis is impacting our financial wellbeing on a national scale.
Our Summer Edition of the Money Matters Index delves into the responses, attitudes, and coping mechanisms of our respondents in this challenging economic climate.
We invite you to explore the report here and hope you find it informative.
If you would like to discuss the report please contact Chris Tuite, MRM’s Director of Consumer Finance on email@example.com.