Finances still tight as slump ends

Millions of households are still struggling with their finances, a survey out yesterday suggested, despite an official end to recession. Some 2.5m homes said they were unable to pay all their bills, according to estimates from Legal & General, stable compared to a year ago, but some 300,000 more than seen in 2010, before the economy slipped back into recession. Only 44 per cent said they had money left after bills.