Cost of living: One in five expect to go into debt this year, survey says

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Nearly half of people surveyed expect to use up savings to cover rising living costs, a debt charity finds. …

The debt charity wants the government to increase benefits by at least 7% in April to try to match the rate at which prices are rising in the economy, and give more funding to local councils to support people with vouchers, grants or discretionary payments to cover essential bills.

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