5 Things You Need To Know, Today, on Tuesday 18th August 2020

Episode 2030,   Aug 18, 2020, 05:07 AM

The financial health of British households deteriorated in August at a faster pace than last month, in an unpromising sign for the economic recovery from the COVID-19 pandemic. The Household Finance Index fell in August dragged down by the biggest drop in job security since 2011 and economists fear worse will come when the government’s furlough scheme closes at the end of October.

The financial health of British households deteriorated in August at a faster pace than last month, in an unpromising sign for the economic recovery from the COVID-19 pandemic.

The Household Finance Index fell in August dragged down by the biggest drop in job security since 2011 and economists fear worse will come when the government’s furlough scheme closes at the end of October.

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