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More than half of UK households fear losing savings in Covid crisis

Many low-income families are struggling to pay bills in pandemic, survey reveals

More than a third of households in the UK have not managed to put aside any money since the first coronavirus lockdown began last year, and more than half are worried about running out of savings, a survey has found.

Despite Bank of England figures showing record levels of cash flowing into deposit accounts, many households are struggling with lower incomes and are eating into their savings.

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Read the original article at The Guardian

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