Summary
UK consumers face multiple financial challenges and are worried about their financial situation. Soaring energy and food prices, rising interest rates increasing borrowing costs, and wages not keeping up with inflation will further impact consumers’ finances in the next 12 months. We’ve applied our Financial Well-Being Segmentation to Forrester’s most recent consumer data to help financial services executives assess the state of consumers’ financial well-being in the UK and consider which tools and services they should develop to help customers build finance resilience and achieve their financial goals.
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