Intrum : ‘Bill anxiety’ hits as consumers struggle to pay

Soaring prices and rising interest rates are creating a climate of 'bill anxiety' among Europe's consumers, with confidence levels falling to a new low. That's according to Intrum's latest European Consumer Payment Report - an annual survey of 24,000 people across 24 European countries.

Almost six in ten Europeans (58 per cent) say rising bills are having a negative impact on their wellbeing, up from 45 per cent in 2021. Meanwhile, more than 80 per cent are worried about the impact of rising grocery prices on their ability to pay bills and save money over the next 12 months.