Home finances 'fell for 40% of households in August'

Almost 40% of households saw their finances deteriorate between July and August, according to a survey by the financial information company, Markit.

The study, of 1,500 adults, showed finances worsened at their fastest pace since February 2009, in the middle of the last recession.
Many reported a rise in debt levels and a fall in savings and income. Click here to read the full report.

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