Over half of households worse off financially due to Covid

Study by Lowell shows

Adam Saville
clock • 2 min read

Almost 40% of UK households struggling to afford January, research suggests

January is a tough month for many families in the UK every year, but the far-reaching financial implications of the Covid-19 pandemic are making it even more challenging than usual for more than a few, a new study has suggested. On top of darker nights, miserable weather and a lack of funds following an expensive festive period, 93% of the UK had their pay date in December brought forward, the research from Lowell revealed. The survey of 1000 also found that 51% of households are expecting to be worse off financially due to Covid-19, while 39% said they were likely to struggle during ...

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