'Abrupt end' to improving outlook

The squeeze on families' budgets was at its weakest in nearly two years in October, but fears grew sharply that their finances will take a turn for the worse, a study has found.

Households saw the slowest deterioration in their finances in October since December 2010, helped by a near-stabilisation of employment income and the most marked drop in debt levels for just over two years, the Markit household finance index found.
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