The UK’s lockdown and restrictions have meant that some people are likely to have accumulated savings over the past 15 months, which could now be used to refuel the economy as we enter the recovery phase. However, Centre for Cities’ latest research reveals these Covid-savings are not distributed evenly across the country, as not everyone has had the same experience of the pandemic.
Elena Magrini and Tom Sells - authors of Centre for Cities’ recent report - join Chief Executive Andrew Carter to share their reflections on how the pandemic has affected people’s spending, saving and debt in different ways and what this means for the recovery of the UK’s cities and largest towns.
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