Households' plans for savings accumulated during COVID-19 in the UK 2020

Published by
Fernando de Querol Cumbrera,
Feb 22, 2023
As of September 2020, the majority of households in the United Kingdom planned to keep the savings they build up during the coronavirus (COVID-19) pandemic in their bank accounts. On the other hand, only a minor share of the respondents was planning to invest their additional savings in stocks (10.3 percent) or to spend them (9.5 percent).

Households' plans for the use of additional savings accumulated during the coronavirus (COVID-19) pandemic in the United Kingdom in 2020

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Release date

March 2021

Region

United Kingdom

Survey time period

August 25 to September 15, 2020

Number of respondents

6,032 respondents

Age group

18 years and older

Method of interview

Online survey

Supplementary notes

Some respondents picked more than one option.

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