Financial Resilience and Wealth Distribution During the Covid-19 Pandemic

In this episode of Covid Matters, we speak to Professor Sharon Collard, the Professor of Personal Finance and Research Director at University of Bristol, Personal Finance Research Centre (PFRC).

Professor Collard has been leading the team reporting on the financial impact of the pandemic on UK households since the early outbreak of Covid-19.  These surveys have been taking place throughout the past two years, with most recent results of the October 2021 survey being published in December of last year.

We invited Professor Sharon onto Covid Matters to tell us more about their findings. We talk about how the pandemic has impacted households across the UK and which groups have been most affected; the financial resilience gap and wealth inequalities highlighted by the survey data and; how the cost of living crisis may impact our financial outlook in the coming year.

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Useful Links:

MoneyHelper financial guidance and support: https://www.moneyhelper.org.uk/en

National Debtline free, independent debt advice: https://nationaldebtline.org/

Business Debtline free, independent debt advice: https://www.businessdebtline.org/

Citizens Advice: https://www.citizensadvice.org.uk/

StepChange UK Debt Charity: https://www.stepchange.org/

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