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I am conscious of the pandemic restrictions, but I was anticipating that I could sign up, given my long-term relationship with the bank, says Aceil, from Camden, North London. They have all my details - I have never gone into my overdraft before. I wasn t even looking for a loan, I just wanted an account. When I asked what I was supposed to do, they said: We don t know .
Aceil, who is setting up a PR company, then found she could open an account with Starling Bank via its mobile app in minutes, after submitting a picture of her passport and further supporting documents.
‘Not since the Pankhursts have we faced such inequality’
A new report has shone a light on the devastating financial impact of the pandemic on women, which experts fear could take decades to repair
Many women have struggled juggling work and childcare
If, a year ago, someone had said the word “shecession” what would have come to mind? A cringeworthy new name for a spa session, all pink robes and girlie pampering?
Well, almost 11 months into lockdown, it’s a term being used widely by economists, academics and politicians to describe the female-focused recession we now find ourselves in. While the virus itself has taken a greater toll on men’s health, the fiscal impact on women has been unparalleled. At the start of the pandemic, campaigners warned that women were being sent back to the Seventies. Now they talk of women being sent back to the Fifties.