Consumers 'caught in long squeeze'

Updated
empty pockets
empty pockets

Consumers are caught in a "long squeeze" that has many unable to save, too worried to spend and unlikely to cope with financial shocks, according to a report.

More than half of consumers (54%) expect their household budget to be tighter this year and 42% expect the economy to get worse in the next 12 months, the latest Which? Quarterly Consumer Report found.
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