COVID-19 impact on savings in Great Britain 2020, by gender

The coronavirus (COVID-19) impacted people's financial situation worldwide. The results of a survey conducted in Great Britain revealed that, due the COVID-19 pandemic and the measures taken by the government to the tackle the outbreak, approximately one in three adults saw their savings decrease, even though to different extents. On the other hand, 17 percent of respondents revealed that their savings increased during the pandemic. According to the results of the survey, the pandemic appears to have impacted savings and men and women basically in the same way, as major differences between the two genders did not emerge.