Safety nets are vital when 3 in 10 are on the edge

Amid declining incomes, precarious employment and rising living costs, it’s not surprising that Britons are not terribly financially resilient. New research by Shelter finds that one in five (18%) Britons couldn’t meet their housing costs at all if they lost their job and were unable to secure a new one immediately.

Private renters seem to be in the most precarious position – nearly three in 10 (29%) wouldn’t be able to pay their rent at all if they lost their … Read more