Who will win the fight for the £180 billion of lockdown savings?
Thursday, September 16th – 10:00 am BST
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
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