Multiple recent figures underline the scale of financial pressures building on UK households throughout 2020 from the economic impact of the Covid-19 pandemic, according to the November 2020 Money Statistics, produced by The Money Charity. With the end of this
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Positive news of higher savings levels and lower credit card balances over recent months is tempered by evidence of wider losses of income and lowering of overall financial resilience, as the pandemic continues to demonstrate its surprising and conflicting effects
The Money Charity’s popular monthly report on the UK’s finances, The Money Statistics, returns this month*, painting a picture of a UK which has not only been significantly affected economically and societally, but which has also had its lack of
March 2020’s Money Statistics, produced by The Money Charity, are released from a place significantly different to anything the majority of us will ever have witnessed before, and almost certainly unlike any previous period for which this report has existed.
While the UK’s rapid shift towards contactless and digital payments continues apace, these moves remain a very real problem and threat to the financial inclusion of a significant number of UK adults, according to the February 2020 Money Statistics, produced
In the year up to November 2019, UK households borrowed almost as much as the Government, demonstrating that debt remains both a private and public sector issue, according to the January 2020 Money Statistics, produced by The Money Charity. The
A noticeable levelling off of credit card lending over the second half of 2019 so far bucks a significant long-term trend, suggesting that we may see big changes in the credit market during 2020, according to the December 2019 Money
A combination of challenging situations are bringing high pressure on young people aiming to manage their money well and achieve financial wellbeing, according to the November 2019 Money Statistics, produced by The Money Charity. The November report draws a number
Brits Have Low Confidence in Their Own Money Management Skills 2 in 3 don’t feel confident managing their money Only 1 in 2 think that they are a confident and savvy consumer Just 1 in 4 feels they know enough about
Positive news emerging this month of growth in average real wages across the UK should be tempered by a wider view of other financial issues and trends, according to the October 2019 Money Statistics, produced by The Money Charity. According