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Home Personal Finance

Managing personal finance is now a priority for most consumers as a result of coronavirus

Trade News by Trade News
April 24, 2020
in Personal Finance
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Managing personal finance is now a priority for most consumers as a result of coronavirus
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The Covid-19 pandemic has affected every household across Scotland.

Things we once took for granted, such as popping out to the shops, or nipping over to visit a friend or family member seem like distant memories from the life we all had access to pre-coronavirus lockdown.

As First Minister, Nicola Sturgeon said in today’s Daily Record: “No individual, community or business has been untouched and for many of you, that has meant real hardship.”

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Coronavirus in Scotland

Personal finance has become one of the most important issues for a nation affected by the ongoing lockdown with furlough, reductions in salary and redundancy impacting on most of the UK workforce.

More than two-thirds of consumers feel that their personal finances are a higher priority since the outbreak began.

This morning, the Financial Conduct Authority (FCA) confirmed a new support package will be available from Monday, April 27 which will offer customers struggling with car finance,…



Source Google News

Tags: ConsumerscoronavirusfinancemanagingpersonalpriorityResult
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