The research breaks down aspects of household finances to a local level
The best and worst areas in the UK for savings and retirement plans
Parts of the South East of England are the most financially resilient in the UK, a study has found, with Hull, Nottingham and Liverpool the least.
The Hargreaves Lansdown’s savings and resilience barometer breaks does household finances and looks at things like savings levels, being on track for retirement and debts.
While incomes form part of financial resilience, housing affordability is also an issue, because areas with a lack of affordability mean fewer people are able to buy a home and build their resilience this way, the report said.
The best and worst areas in the UK for savings and retirement plans