Cost of living crisis prompts almost 75% of investors to rethink investment plans

Lack of confidence

Cristian Angeloni
clock • 2 min read

The cost of living crisis is pushing UK retail investors to rethink their investment plans, Charles Schwab UK found.

According to the study, around 74% of investors are currently reassessing them, while more than half (55%) are planning to scale back their investments. Additionally, 64% are concerned about the current economic backdrop and how it will negatively impact their investments in the long term. FCA finds 60% of adults are struggling with cost-of-living increases Among all the economic conditions currently at play - from interest rates to inflation - higher cost of living is the one driving investors' decisions the most, the financial services provider discovered. Richard Flynn, manag...

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