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One in four people will not recover financially from Covid for another year
Money

A QUARTER of people will not recover financially from the Covid-19 crisis for at least another year, national poverty charity Turn2Us has warned.

People who have lost income and incurred debts since March 2020 will need an average of 17 months to get their finances back to pre-pandemic levels, according to the charity. 

The time needed for people to recover is “clear evidence” that the government should not pull away support schemes too quickly and that it has a clear moral obligation to make permanent the £20 uplift to universal credit (UC), Turn2Us says.

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