WIG/UKRN: COVID-19’s impact on consumer debt - Cross-sector approaches to economic recovery

Over the last 18 months the COVID-19 pandemic has had an unprecedented impact across the UK economy, however the effect on consumer debt has been mitigated by policy interventions designed to support household finances. With the furlough scheme due to finish in September 2021, WIG was delighted to partner with the UK Regulators Network to discuss how this picture may develop, the role of key stakeholders across the sectors in supporting vulnerable households including those consumers who maybe new to debt, and how consumer debt levels may influence wider economic recovery.