Article preview: Are you saving money as a result of the pandemic lockdown restrictions? New research suggests that Brits are forecast to put away a total of £164 billion in savings and investments this year, with the Covid pandemic permanently changing our collective savings habits. Despite the numerous financial challenges faced by families in the past year, household savings have reached new record levels, as our spending has been curbed.
Permanent change to our post-pandemic savings habits?
This 709-word blog post looks at changing savings and investment habits as a result of the pandemic, suggesting our average savings levels will increase in the year following a recession. Written on 24th February 2021.
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