One in five Brighton residents left with nothing after bills says new study

One in five Brighton residents are left with no money after bills, a study has found.

Research by financial wellbeing service RiseUp said the city is the place where people struggle the most to save anything each month.

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It said the inability to save led to financial stress, with 58 per cent of residents saying this was affecting their mental health.

Forty three per cent of people said it was affecting their eating habits and 32 per cent said the financial stress was taking a toll on relationships.

The survey found 38 per cent of Brighton residents use their payday income to pay off their credit card straight away, leaving them with no savings.

Yuval Samet, CEO and co-founder of RiseUp, said: “No matter where you live in the UK everyone has experienced the impact of rising bills and inflation.

"These findings confirm, however, that there are big regional divisions in Britain when it comes to saving money each month.

"While each city across the UK has been impacted differently by the cost of living crisis, the one factor that links each city is the desire to transform our relationship with money and curb the payday anxieties."

The second city where people struggle the most to save is Plymouth, followed by Belfast.