Effect of Coronavirus on personal and household incomes in Great Britain 2020
As a consequence of the Coronavirus outbreak in the United Kingdom there has been an unprecedented lockdown of UK society. Due to this, many businesses have been forced to close or suspend activities for the foreseeable future, with many worrying about how this will effect their personal finances. According to a survey from March 2020, Coronavirus had already impacted on the personal finances of over a quarter of British respondents, with a further 42 percent fearing it will in the future.
