Pandemic Set To Leave Financial Scars For Up To Two Years
23 February 2021 - 6 minsMore than half of consumers feel that COVID-19 has had a negative impact on their financial circumstances, according to a new report.
The results from the KBC Bank Consumer Confidence Index for February show that many households are spending more on costs like heating and electricity, as well as grocery bills and utilities, at a time when their incomes are down.
In comparison, just 12% of consumers surveyed saw an improvement in their finances in recent months.
Charlie Weston, personal finance editor of the Irish Independent, joined us to discuss these findings.
[audio mp3="https://media.radiocms.net/uploads/2021/02/23172143/LW-Pandemic-Finance.mp3"][/audio]
Series Episodes
Personal Finance: How to Get Bang For Your Buck On Christmas Food Shopping
7 mins
17 December Finished
The Last Word On The US: Trump Blasted For Attack On Rob Reiner After His Death
18 mins
16 December Finished
Taoiseach Confident of Leadership While Pressure Builds over Jim Gavin Debacle
16 mins
16 December Finished
