Nurses ‘go into debt’ to make ends meet

Britain’s nurses are more worried about debt management in the wake of the economic downturn, a new report has revealed.

Figures from LV= have shown that 72 per cent of the medical workers questioned have become increasingly anxious about their financial situation over the past year.

One-third stated that they usually run out of money by the end of the month, with several revealing that they go into debt, using products such as credit cards to make ends meet.

Half of those polled said that they have had to cut back on eating out and socialising, while 45 per cent have lowered the amount they spend on food.

“Nurses regularly work extremely long hours to help others selflessly, yet they face the same stark financial realities as the rest of us,” remarked LV= head of partnerships Michele Alcock.

The survey was carried out to mark International Nurses Day, held today (May 12th).

Meanwhile, the Trades Union Congress has argued that the minimum wage level must still go up despite the economic downturn in order to protect low-income groups.

By Jamie Price