One-in-three struggling financially

Ireland is an increasingly divided society between those who can live comfortably and those who are struggling, according to a new survey of consumers.

The Red C tracking poll Consumer Mood Monitor, which looks at how comfortable consumers feel financially, found that one-in-three respondents claimed to be struggling, with a similar percentage of people saying they were living comfortably.

The report also points out that the main factor is life stage, rather than social class, with older families more likely to struggle under the burden of higher debt and expenses.