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Thursday 19 January 2012

One in three people cut food bills to help pay their mortgage

Shelter said that the figure is a 44pc rise since 2008, as people have had to cut back on essentials to cope with the squeeze on their incomes, the charity said.
Just over one in five people surveyed said they had spent less on gas and electricity in the last 12 months to finance their housing payments, a 60% increase on four years ago.
The latest survey could equate to 16 million people cutting back on food spending and 10 million reducing fuel bills to cover their rent or mortgage if the figures were projected nationally, Shelter said....more

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