According to a survey conducted in the United Kingdom (UK) in October 2020, approximately 26 percent of respondents declared that their cash savings increased during the coronavirus (COVID-19) outbreak compared to February 2020, either a lot or a little. On the other hand, 12 percent of respondents indicated that their cash savings decreased a lot during this period.
Change in cash savings during the coronavirus (COVID-19) outbreak in the United Kingdom (UK) between February 2020 and October 2020
The question was originally phrased by the source as follows: "Comparing your cash savings now (October 2020) and at the end of February. Overall, has your cash savings increased, decreased or stayed the same?" The source does not further specify what it defines by "a lot" or "a little".
The source does not provide any information regarding missing percentage points to 100 percent.
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Financial Conduct Authority. (June 4, 2021). Change in cash savings during the coronavirus (COVID-19) outbreak in the United Kingdom (UK) between February 2020 and October 2020 [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1254322/change-in-cash-savings-due-to-covid-19-uk/
Financial Conduct Authority. "Change in cash savings during the coronavirus (COVID-19) outbreak in the United Kingdom (UK) between February 2020 and October 2020." Chart. June 4, 2021. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1254322/change-in-cash-savings-due-to-covid-19-uk/
Financial Conduct Authority. (2021). Change in cash savings during the coronavirus (COVID-19) outbreak in the United Kingdom (UK) between February 2020 and October 2020. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1254322/change-in-cash-savings-due-to-covid-19-uk/
Financial Conduct Authority. "Change in Cash Savings during The Coronavirus (Covid-19) Outbreak in The United Kingdom (Uk) between February 2020 and October 2020." Statista, Statista Inc., 4 Jun 2021, https://www.statista.com/statistics/1254322/change-in-cash-savings-due-to-covid-19-uk/
Financial Conduct Authority, Change in cash savings during the coronavirus (COVID-19) outbreak in the United Kingdom (UK) between February 2020 and October 2020 Statista, https://www.statista.com/statistics/1254322/change-in-cash-savings-due-to-covid-19-uk/ (last visited November 21, 2024)
Change in cash savings during the coronavirus (COVID-19) outbreak in the United Kingdom (UK) between February 2020 and October 2020 [Graph], Financial Conduct Authority, June 4, 2021. [Online]. Available: https://www.statista.com/statistics/1254322/change-in-cash-savings-due-to-covid-19-uk/
