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Huge pressure has been placed on millions of Briton s financial wellbeing by the coronavirus crisis and ensuing lockdowns.
Figures this week from the ONS revealed unemployment climbing to 5 per cent while recent GDP figures highlighted the increased likelihood of a double-dip recession for the UK.
Away from the facts and figures, this means more households will be struggling to make ends meet and with a third national lockdown depressing business and sentiment some will be worried for their jobs.
So what can you do to prepare your finances for tough times ahead? We take a look.
The latest growth figures, looking at November 2020, showed the economy fell by 2.5 per cent