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Pandemic hits financial services income and liquidity – FCA

Nearly 6 in 10 respondents (59%) to the FCA’s Coronavirus Financial Resilience Survey expect the pandemic to hit their income, with most expecting a drop of up to 25%.

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3 in 4 can cope with temporary drop in income

Three quarters of households in Britain have sufficient financial assets to cover a 25% fall in income for three months.

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