Over half of British households are altering their spending habits to afford everyday essentials, according to a new report from consumer advocacy group Which?. This marks the highest recorded level of financial adjustments seen this year, highlighting the growing strain on household budgets across the United Kingdom.

Which? reports that more than half of UK households have made at least one change to their finances in recent weeks to cover necessities like groceries, utilities, and transportation. The specific figures indicate a significant portion of the population is feeling the impact of rising inflation and cost of living pressures.

The consumer champion conducted research analyzing the financial behaviors of British households. The findings reveal a widespread trend of individuals and families seeking ways to reduce expenses. These adjustments range from reducing spending on non-essential items to switching to cheaper brands and cutting back on leisure activities. Some households are reportedly delaying or foregoing essential purchases altogether.

The report underscores the severity of the cost of living crisis in the UK, where inflation has been steadily impacting the prices of goods and services. The energy crisis, in particular, has contributed to increased household bills, forcing many to make difficult choices about their spending. Which? is calling for increased support for vulnerable households and urging businesses to take action to help consumers manage rising costs. The organization plans to continue monitoring the situation and providing guidance to consumers on how to navigate these challenging economic times.