This report looks at the position of the two main groups of households who seem most at risk – benefit reliant/ lowest income households and lower-medium income households (sometimes referred to the ‘squeezed middle’). The focus is on household incomes as this determines levels of debt and ability to service debt costs. However, we have also looked at the position of specific groups in society such as lone parents, the unemployed, households who rent, and consumers with low levels of financial capability as this can be a more effective way of structuring any necessary policy interventions.
The full report can be viewed here as well as CCCS’ summary report:
Debt and Household Incomes Full Report
CCCS Debt and Household Incomes Summary Report