Four people tell how rising living costs have pushed them to cut back on luxuries like streaming services
The UK inflation rate hit a 40-year high of 9.4% this week and economists warned of a potential increase to 12% by October 2022. With the average UK food bill rising by £454 a year, the cost of living crisis has led to many people finding ways to cut back on expenses.
One area includes streaming services. Netflix is continuing to see subscriber numbers fall, with one million subscribers lost in the second quarter of 2022.
