The Bank of England says that consumers have built up around £180 billion in additional savings during the pandemic. At the moment, most of that is sitting in current accounts and short-term savings. The big question as lockdown restrictions ease is whether people are going to want to hang onto those savings, or if we're facing a "spend, spend, spend" mini-boom. Savings and investments firms will be going head-to-head against holidays and home improvements in the battle to capture a share of that £180 billion. In this interactive panel discussion, we will focus on consumer well-being, looking at which consumer groups are prospering and which ones are still struggling, and how people's priorities have shifted over the course of the pandemic.
Speakers
Toby Clark, Director of Research, EMEA, Mintel
Dom Traynor, Product Manager, Shawbrook Bank
Ben Mitchell, Senior Product Manager, Leeds Building Society
More speakers to be confirmed soon
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