Paying the price: Financial hardship and its association with psychological distress among different population groups in the midst of Great Britain's cost-of-living crisis
In the first quarter of 2023, around one in eight adults in Great Britain reported finding it difficult to manage financially and one in fifteen reported having been in rent or mortgage arrears in the past 12 months, with higher rates of financial hardship among disadvantaged groups. However, disadvantage did not appear to compound the psychological impact of financial hardship: people experiencing financial hardship were substantially more likely to report moderate or severe psychological distress regardless of their sociodemographic characteristics.
Authors
- Leonie S. Brose (ORCID: https://orcid.org/0000-0001-6503-6854)
- John Holmes (ORCID: https://orcid.org/0000-0001-9283-2151)
- Debbie Robson (ORCID: https://orcid.org/0000-0002-6447-3523)
- Sharon Cox (ORCID: https://orcid.org/0000-0001-8494-5105)
- Sarah Elizabeth Jackson (ORCID: https://orcid.org/0000-0001-5658-6168)
- Jamie Brown (ORCID: https://orcid.org/0000-0002-2797-5428)
- Colin Angus (ORCID: https://orcid.org/0000-0003-0529-4135)
Institutions
- King's College London (GB)
- Spectrum Research (United States) (US)
- University College London (GB)
Publication Details
- Journal
- Social Science & Medicine
- Published
- 2024-11-26
- DOI
- https://doi.org/10.1016/j.socscimed.2024.117561
- Citations
- 16
- Primary Topic
- Employment and Welfare Studies
- Type
- article
- Field-Weighted Citation Impact
- 13.59
Funders
- Cancer Research UK
- National Institute for Health and Care Research
- Medical Research Council