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One in 7 better off due to pandemic, while a third get poorer

News Team, 11/02/2021

One in ten UK adults said they would need food bank services

New data from the Financial Conduct Authority (FCA) shows the extent to which the pandemic has split UK society into those who made out well, versus those who are now struggling to afford the basics.

The FCA’s Financial Lives Survey comprised two research periods: one in February 2020 and another in October, to give a picture of how the pandemic has impacted people...


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