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Survey reveals how Britons priorities have changed over the last year of Covid lockdowns

Foreign holidays and nights out are less important to Britons than they were before lockdown, a new survey has revealed.   Instead, daily walks, spending lots of time with family and being able to work from home have become a greater priority than they were a year ago. The study, of 2,000 adults, found 43 per cent have completely re-evaluated life and what really matters to them since the pandemic. Plans for travelling, having loads of money and a nice car were once a top priority of many Britons. But having spent months stuck at home under strict Covid lockdown rules, Britons are now looking close to home for the activities that make them happy, according to the study.

Skipton launches limited edition ISA

SKIPTON Building Society launched a limited edition ISA on April 6, with a market leading online rate as part of its new fixed term savings products. The 15-month Limited Edition Fixed Rate ISA paying 0.60% is available to all customers and can opened online, in branch and by telephone. The product can only be used for the new 2021/22 tax years’ subscriptions so has a maximum balance of £20k; transfers in from other ISAs not permitted. Maitham Mohsin, Skipton Building Society’s head of savings, said: “We want to continue to help the nation save and are delighted to introduce our new 15 month Limited Edition ISA. At a rate paying 0.60% this product offers a market leading rate which both new and our existing customers can take advantage of.

Britain will ditch its lockdown savings habit as it goes on £45bn spending spree

British households could be set to save less money than they did before the pandemic over the next five years as the country embarks on a £45billion spending spree, it has been forecast. Despite savers salting away a record £143.5billion since the start of the first lockdown last March, the percentage of disposable income saved is forecast to settle at a lower level than would have been the case if there had not been a pandemic, according to the Office for Budget Responsibility. The Government s fiscal watchdog estimated last week that as much as £180billion would be stashed away by the middle of 2021, with the household saving ratio reaching around 17 per cent in the first three months of this year, a similar level to that seen between July and September 2020.

Average adult in their 60s tucks away £237-a-month for big ticket items such as new cars

Average adult in their 60s tucks away £237-a-month for big ticket items such as new cars
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