- The Covid-19 outbreak has had more of a negative impact on residents since W1; 35% reported a negative impact on their household finances this time around, compared to 28% in W1. Just 16% reported a positive impact compared to 26% previously.
- However, a similar proportion of residents still reported no impact on their household finances (48% and 46% respectively).
- Households with children suffered more from the outbreak; 46% reported that the outbreak had a negative impact on their household finances (an increase of 6 percentage points from W1).
- Households with no children reporting a positive impact on their household finances dropped by 10 percentage points from W1 (28% to 18%).
Base W1: 1,923 | W2: 1,319
Base 16-24: 163 | 25-34: 275 | 35-44: 200 | 45-54: 212 | 55-64: 175 | 65+: 237
Base Male: 642 | Female: 617
Household income chart
Base <20,000: W1 (353) W2 (223) | £20,000-£39,000: W1 (529) W2 (281) | £40,000-£59,999: W1 (332) W2 (251) | £60,000+: W1 (310) W2 (207)
Household composition chart
Base Households with children: 367 | Households with no children: 843
Key differences by demographic
16-24 year olds were hardest hit with over half reporting a negative impact of the outbreak on their household finances (increase of 20 percentage points from W1), and no resident this age reporting a positive effect. Older age groups were least affected which is a similar trend to W1.
The same trend was found with W1; men were more likely to report a positive impact on their household finances compared to women.
Lower income households were more negatively affected by the Covid-19 outbreak. This is a similar trend to W1.
However, there were large percentage point changes in those earning £20,000-£39,000 and £60,000+ reporting a positive impact from W1 (33% to 14% and 42% to 25% respectively).