Poll: 80% of UK Adults Cut Spending Amid Rising Costs

A recent poll reveals that eight in ten British adults have reduced their spending over the past year amid rising costs, saving an average of more than £1,400 annually through various cutbacks. The survey of 2,000 people, conducted by OnePoll, highlights widespread financial strain, with holidays and social outings ranking as the most common sacrifices.

Participants reported switching to budget supermarkets for grocery shopping, canceling streaming subscriptions, dining out less frequently and purchasing fewer new clothes. Nearly one-third, or 32 percent, expressed worry about affording Christmas celebrations this year. The cutbacks have yielded average monthly savings of £117.60, amounting to £1,411.20 over the course of 2025. While 64 percent attributed their adjustments primarily to increasing living expenses, 20 percent cited fears of impending tax increases.

The research, commissioned by electric vehicle manufacturer Leapmotor following the launch of its new mid-sized SUV, the B10, underscores growing economic pressures ahead of the upcoming budget. Almost 38 percent of respondents anticipate a deterioration in their financial situation post-budget, and 64 percent expect to...