Article preview: Our post-Covid economy recovery is mainly reliant on consumers spending their accidental savings accumulated during the lockdown. However, new research suggests that our savings priorities have changed due to the pandemic. As a result, we could be about to witness a form of post-war austerity last experienced in the late 1990s.
Increase the focus on financial wellbeing
This 563-word blog post considers new research from the UK Consumer Insight Panel and concludes that spending and saving habits have likely changed as a result of the pandemic. Written on 20th May 2021.
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