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Covid-19 makes seven out of ten Brits fear for financial future

Covid-19 makes seven out of ten Brits fear for financial future
By
Jean-Baptiste Andrieux
11
th May 2021
12:01 am
A LifeSearch study reveals that 72% of the UK population have concerns for their wealth and finances in 2021.
The Health, Wealth & Happiness Index shows the financial strain the pandemic has wrought on the most vulnerable parts of society.
Twenty-four per cent of the UK population feel financially worse off than before the pandemic.
The figure rises to 27% for women, 35% for part-time workers and 37% for those on furlough.
Just one in three Brits said they felt financially better off now.
A quarter are fearful of bills rising, while 19% are wary of the potential introduction of new taxes. ....

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Lockdown lift: England's hospitality sector set for £314m boost from outdoor diners

“There is a palpable sense of excitement surrounding hospitality reopening, seemingly even more so than was the case after the previous two national lockdowns,” said Nina Skero, chief executive of the Centre for Economics and Business Research.
“One possible reason for the added enthusiasm is the belief held by many that thanks to the strong vaccine campaign, there won’t be another lockdown. All these factors currently work together to lift consumer sentiment to levels well beyond those seen over much of 2020.”
Consumer confidence increased in February, reaching 106.4, the YouGov/Cebr Consumer Confidence Index said, a rise of 3 points, which represents the largest increase since June 2020. ....

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