A third of Brits will be financially “worse off” as the UK comes out of its COVID-19 lockdown, research suggests.
With the government’s furlough scheme set to end on 31 October and other forms of financial support also disappearing, one in three Brits told SimpleUsability the lockdown period has had a negative long-term impact on their finances.
According to the market researcher’s survey of 1,072 people, nearly three quarters (74%) have been furloughed, while over a fifth (22%) have relieved on government grants, such as the self-employment government support scheme.
Meanwhile, 6% have relied on government loans, and 8% have received other forms of financial support, such as a mortgage holiday or universal credit.
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