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  • Individual Protection

18 million UK adults financially worse off during second lockdown

Survey of 4000 suggests

18 million UK adults financially worse off during second lockdown
  • Adam Saville
  • Adam Saville
  • @AdSaville_COVER
  • 11 December 2020
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LV= Wealth and Wellbeing Monitor reveals a growing number of people struggling financially during second lockdown

Some 36% of the adult UK population - an estimated 18 million - said their finances were worse off than three months ago, a survey of 4000 has revealed. Only 11% said their finances have improved, while 26% - an estimated 13 million - expect their finances to get worse over the next three months and 12% expect their situation to improve. As many as 20% - around 10 million people - said they have seen their income fall in the past three months, compared to 13% who said their income has increased,...

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