Divorces delayed by cost of living crisis, research finds

9 months ago 42

Financial pressures have led to postponement of 19% of divorces, involving 270,000 couples, Legal & General claims

The start of the new year is often boom time for divorce lawyers, but 2024 may be different as new research shows the cost of living crisis has delayed more than 270,000 couples from splitting.

Financial pressures delayed 19% of divorces, researchers at Legal & General found. The impact has been particularly pronounced since 2020, with income concerns, cost of living pressures and the price of divorce all cited as reasons to postpone the split.

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