87% of UK adults cut household spending amid cost pressures
A Savanta poll found that 87 per cent of UK adults had taken at least one step to reduce household spending in the past six months, amid continuing cost of living pressures. The findings come ahead of next week’s Budget, as inflation has risen and the Chancellor faces decisions on household support and defence spending.
Two-thirds of respondents had cut non-essential spending, 51 per cent were using less heating and 40 per cent had switched supermarkets; 37 per cent had reduced car journeys. September inflation reached 3.5 per cent, up from 3.1 per cent in August. On defence funding, 44 per cent supported cutting welfare payments, while 63 per cent backed reducing foreign aid; the online poll surveyed 2,130 UK adults from 16 to 19 October.
In short
- 87 per cent have cut household spending in some way.
- Half say they use less heating to lower bills.
- Most support reducing foreign aid to fund defence.
Explained simply
The cost of living refers to the price of everyday essentials such as food, energy and transport. When prices rise faster than incomes, households may have less money for other spending. Inflation measures how quickly prices are rising overall.
The Chancellor sets out the government’s tax and spending plans in the Budget, including decisions about support for households and funding for public services such as defence. Choices about where money comes from and how it is spent can affect both household finances and government services.
Savanta is a polling company that surveyed 2,130 UK adults online for these findings. A poll records the views of the people who took part; it does not by itself show how every person in the UK feels.
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Originally published by Daily Mail as “Nine in 10 Brits say they have taken action to try and reduce their spending amid cost of living squeeze – with half cutting back on heating use”.