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Half 'struggle to pay bills'

52% of adults are struggling to keep up with paying bills and debt repayments, according to a survey by the Government-backed Money Advice Service. Around nine million more are struggling with money compared to seven years ago.

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Treasury: Govt taking action to tackle cost of living

A Treasury spokesman has insisted that the government is taking action to alleviate financial pressures as a report showed that more than half of Britons are struggling to keep up with bills:

The Government has taken continued action to help households with the cost of living, including cutting tax for 25 million people by raising the personal allowance and freezing fuel duty.

This report shows that, despite these tough times, managing your everyday finances effectively can really help to make things a little easier, which is why the Government continues to support efforts to boost people's financial skills.

– treasury spokesman

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