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Rethink on welfare state needed after pandemic – think tank
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Rethink on welfare state needed after pandemic – think tank
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Rethink on welfare state needed after pandemic – think tank
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The mental health of people in the UK who were newly reliant on benefits and other financial support during the coronavirus pandemic has worsened the most, according to research.
The “largest and most worrying increases” in mental distress have been in groups who started off in the weakest financial position or who have required more financial help throughout the crisis, the National Centre for Social Research (NatCen) found.
It analysed data collected from more than 12,000 people aged 16 and over between April 2020 and January 2021 as part of the Understanding Society Covid-19 survey for its annual Society Watch report.
One group it identified was ‘financial help-seekers’ – people who needed financial support other than the furlough scheme, such as the Self-Employment Income Support Scheme or a new claim for Universal Credit.
Feature: Catering for post-pandemic life
Coronavirus has undoubtedly changed the world but how will it change the UK mortgage market? Emma Lunn talks to the experts
By Emma Lunn
Excluding the dark days and high death rate of January, 2021 has so far been a cause for optimism. The coronavirus vaccination programme is going well and the end of lockdown restrictions is in sight.
But how will the mortgage market react to a radically altered world? Are we likely to see a spate of niche products tailored to the new ways we live and work?
The Intermediary Mortgage Lenders Association’s recent report – The New Normal – identified the 31 March stamp duty holiday deadline as the single biggest barrier to the market’s recovery in 2021.