Money worries give us sleepless nights

Eight in ten adults admit to being worried about their finances as rising household bills cause growing anxiety.

A fifth of those surveyed by the Co-operative Bank said energy bill hikes were causing sleepless nights, while another fifth identified personal debts as their single biggest concern.

Higher fuel and food prices, fears over job security and the prospect of interest rate rises are among the other prominent causes of financial stress, the research found.

Yet while three in ten people overspend by an average 2,660 every year, a third aren't confident they can pay their bills each month and 28 per cent said they had missed bill payments.