Men more in need of debt advice - study

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Women are more likely than men to make financial cutbacks to help them survive the recession, research suggests.

A study by Legal & General (L&G) assessed the actions of more than 4,000 Brits to see what actions they are taking to manage their budgets. While 60% of women said they are curbing their high street expenditure, just 47% of men said they are doing the same. Elsewhere, 56% of women and 41% of men are spending less on the weekly shop. "The current economic climate is having an effect on most of us," L&G general insurance marketing director Garry Skelton says. "While Brits are shopping around and cutting back, it's important to ensure that any compromise does not mean losing someth...

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