families that are "just about managing".Household finances in Britain are looking increasingly shaky

This week, in his first Autumn Statement, Mr Osborne's successor Philip Hammond is expected to promise help for the group described by officials as Jams, the households "just about managing" to avoid poverty - and feeling left behind by globalisation.

Many consider themselves to be part of this demographic grouping, with wages having suffered since the financial crash, while house prices in many parts of the UK have risen and inflation has fluctuated.


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The British government promised to help families that are "just about managing", but its measures to aid people in debt have been limited

ECONOMIST.COM

Household finances in Britain are looking increasingly shaky
But as short-term lenders go under, Britain’s debt problem is growing