Around nine million more adults are struggling with money now compared to seven years ago, a report by the Government-backed Money Advice Service suggests.
Of those surveyed, 52 percent said they are living on the edge, which equates to 26 million people across the UK.
This is a sharp increase from 2006, when 35 percent said they were having difficulty keeping up with bills.
The service also found that many people are suffering from poor financial skills and the squeeze on families following the economic downturn has encouraged a "live for now" culture.
More top news
The Democratic presidential candidate may also have shown his cards on his choice of running mate.
The US president also shared a post on Twitter accusing Dr Anthony Fauci of misleading the public over hydroxychloroquine.
Fears over an impending second wave of coronavirus dominates Wednesday’s front pages.