{"id":219361,"date":"2020-05-18T13:06:30","date_gmt":"2020-05-18T12:06:30","guid":{"rendered":"https:\/\/arewa.ng\/?p=219361"},"modified":"2020-05-18T13:06:55","modified_gmt":"2020-05-18T12:06:55","slug":"coronavirus-hits-uk-households-hard-again-survey","status":"publish","type":"post","link":"https:\/\/arewa.ng\/?p=219361","title":{"rendered":"Coronavirus hits UK households hard again &#8211; Survey"},"content":{"rendered":"<div id=\"mvp-content-main\">The Financial Health of British households has deteriorated in May due to the coronavirus crisis.<\/p>\n<p>This was contained in the report of a research by the IHS Markit, released on Monday.<\/p>\n<p>It said Household Finance Index rose in May to 37.8 from a 34.9 in April, lowest in more than eight years.<\/p>\n<p>The data was based on a survey of 1,500 people.<\/p>\n<p>It was conducted by Ipsos MORI between May 7 and May 10.<\/p>\n<p>Joe Hayes, IHS Markit economist noted that the financial toll of COVID-19 and the consequent public health measures had been heavy.<\/p>\n<p>The expert said it was disturbing that so many survey respondents indicated concern towards job security.<\/p>\n<p>\u201cWith recent survey data showing unparalleled declines in workplace activity and incomes from employment.<\/p>\n<p>\u201cThis could have a significant impact on consumer spending if the negative economic impact of the pandemic is protracted,\u201d Reuters quoted him as saying.<\/p>\n<p>Official figures show that Britain\u2019s economy shrank by a record 6 per cent in March, when the widespread lockdown began.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Financial Health of British households has deteriorated in May due to the coronavirus crisis. This was contained in the report of a research by the IHS Markit, released on Monday. It said Household Finance Index rose in May to 37.8 from a 34.9 in April, lowest in more than eight years. The data was [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[14571,3],"tags":[12298,14173,1021],"class_list":["post-219361","post","type-post","status-publish","format-standard","hentry","category-health","category-news","tag-boris-johnson","tag-coronavirus","tag-uk"],"jetpack_publicize_connections":[],"_links":{"self":[{"href":"https:\/\/arewa.ng\/index.php?rest_route=\/wp\/v2\/posts\/219361","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/arewa.ng\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/arewa.ng\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/arewa.ng\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/arewa.ng\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=219361"}],"version-history":[{"count":0,"href":"https:\/\/arewa.ng\/index.php?rest_route=\/wp\/v2\/posts\/219361\/revisions"}],"wp:attachment":[{"href":"https:\/\/arewa.ng\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=219361"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/arewa.ng\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=219361"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/arewa.ng\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=219361"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}