People plunged into debt because of rising living costs are not seeking the financial help available and instead are ignoring their problems, research has found. As the UK’s cost-of-living crisis deepens, Warwick Business School has joined forces with charity Fairbanking Foundation on research that finds many people experiencing money woes for the first time are in danger of making things worse by not getting the crucial financial help and guidance that is available. WBS and the Fairbanking Foundation conducted an online survey of 799 UK adults, who were experiencing financial difficulties due to the pandemic. For almost half, this was…
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