Half of UK adults struggle with bills and debt

Some 52% of the 5,000 people surveyed by the government-backed Money Advice Service (MAS) said they were struggling compared to 35% seven years ago. The research revealed 36% of people have experienced a shock to their finances in the last three years, with 21% seeing a large drop in income and 42% having to think about how to cover an unexpected £300 bill. In more positive news, the study found people are doing more to adapt to their situations. For example, the number of people checking their bank statements has increased since 2006, with almost 84% saying they keep track of their m...