Financially desperate Britons are increasingly turning to gambling as a quick fix as wealth levels fall to historic lows, a study suggests.
The annual LifeSearch Health, Wealth and Happiness Index compiled by the Centre for Economics and Business Research (Cebr) fell 11% over the last year to lows not seen since the height of the pandemic.
The wealth index fell to the lowest level since 2013, with 52% of people feeling worse off than they did a year ago.
Almost one in three Britons (29%) have had to raid their savings over the past year to cover rising living costs, one in 12 (8%) have had to ask their families for money and one in 10 (11%) have been forced to take on more debt, a survey for the study found.
The divs show a stark increas…
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