The Financial Health of British households has deteriorated in May due to the coronavirus crisis. This was contained in the report of a research by the IHS Markit, released on Monday. It said Household Finance Index rose in May to 37.8 from a 34.9 in April, lowest in more than eight years. The data was
This was contained in the report of a research by the IHS Markit, released on Monday.
Joe Hayes, IHS Markit economist noted that the financial toll of COVID-19 and the consequent public health measures had been heavy. “With recent survey data showing unparalleled declines in workplace activity and incomes from employment.
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