How Britain’s ‘accidental savers’ have squirreled away £170bn after a year of lockdowns By Daily Mail City & Finance Reporter Published: 22:03 GMT, 1 March 2021 | Updated: 22:03 GMT, 1 March 2021 Households squirreled away another £18.5billion in January – taking the war chest built up by ‘accidental savers’ to £170billion. Workers who have … Read more
Are you one of lockdown’s accidental savers? Here’s where to put your windfall By Rachel Rickard Straus, Financial Mail On Sunday Published: 21:52 GMT, 27 February 2021 | Updated: 21:52 GMT, 27 February 2021 Boost: The pandemic has created an army of six million ‘accidental savers’ The pandemic has created an army of six million ‘accidental … Read more
Britain has endured some of the toughest lockdown restrictions in the world — but has still suffered the fourth highest death toll of the pandemic, data showed today. Oxford University researchers ranked the UK’s curbs on daily life the sixth harshest out of 180 countries, after taking into account school and office closures, bans on … Read more
Minister Helen Whately today hinted postcode lockdowns will be imposed by the Government to stop the spread of dangerous coronavirus variants when national curbs are eased. The measures are said to be under consideration in Whitehall as Boris Johnson prepares to unveil his lockdown exit strategy on Monday next week. Ms Whately appeared to confirm … Read more
Savers have put aside £1,000 since the start of Covid-19 lockdowns after being unable to splash out on holidays and nights out, survey shows More than 41 per cent made savings after cancelling plans such as holidays More than three-quarters said they had to cancel plans because of the pandemic The research found that exactly … Read more
Savers have put aside £1,000 since the start of Covid-19 lockdowns after being unable to splash out on holidays and nights out, survey shows More than 41 per cent made savings after cancelling plans such as holidays More than three-quarters said they had to cancel plans because of the pandemic The research found that exactly … Read more
Travel and hospitality bosses today warn the UK faces a second summer write off as uncertainty over when restrictions will end squashes demand for holidays and hospitality venues. Millions of Britons have already booked holidays ahead of the Prime Minister’s announcement of the country’s plan for easing restrictions on February 22 and Matt Hancock has … Read more
The Bank of England slashed its growth forecast for this year today but voiced hope that the rapid vaccine rollout will spark a strong recovery after June. In its latest Monetary Policy Committee report, the Bank reduced its estimate for economic growth for 2021 from 7.25 per cent to 5 per cent. It said an expected … Read more
Coronavirus lockdowns have stripped the world of democratic freedoms, with 2020 returning the worst scores in the 15-year history of an annual democracy index. The United Kingdom slipped two places, while France and Portugal joined the US in the ‘flawed democracies’ categories compiled in the Economist’s Democracy Index. Norway, Iceland and Sweden were unchanged at … Read more
Months of lockdown, restricted trading and money spent on anti-Covid-19 measures mean that thousands of small business owners are at breaking point. But for many, next Sunday’s tax payment deadline could be the final straw. While revenues have collapsed as a result of ten months of zero or little money coming in, costs such as … Read more