Cost of Living: UK Workers Living 'Paycheque to Paycheque' to Make Ends Meet

The cost of living continues to be a big issue for some people as nearly half of UK workers are living paycheque to paycheque just to make ends meet, according to CareerBuilder UK.

The jobs site, which surveyed 1,000 people, found that 49% of respondents said that they are living paycheque to paycheque just to make ends meet, up from 42% in 2013.

However, 71% of workers claim to be more financially responsible since before the recession, the ability to make ends meet has come as a result of cut backs they have had to make in their everyday lives.

"The fallout from the recession may be causing not just short-term problems for workers, but long-term issues as well as some people are not focused on their financial future," said Scott Helmes, managing director of CareerBuilder UK.

The research also revealed that cutting back on leisure activities (49%) was the most popular tactic to save money.

Stopping eating out (42%), using coupons/vouchers (42%) and driving less to save on petrol (25%) were also popular tactics.

The figures come after the Office for National Statistics said that average weekly earnings grew at a rate of 0.9% in the year to August

In comparison, Consumer Prices Index inflation grew by 1.5% in the year to September 2014.