By Kevin Peachey
Personal finance correspondent, BBC News
image copyrightMoney Advice and EducationLeonie’s financial plight was precarious. She had 3,000 in rent arrears and was struggling to keep up with bills.
Her physical health was poor, which meant she was unable to work, and her mental health was a problem too.
“It was hard,” says Leonie, who is in her 60s. “I lost a lot of weight. I was not eating.”
Nearly 11 million UK adults had low financial resilience going into this pandemic, meaning they could not cope with a financial shock such as a 50 a month cut in their income.
People in this group were disproportionately likely to be just like Leoni…
Read the full article at: https://www.bbc.com/news/business-56359863