coronavirus pandemic. Since April 2020, some 1.3 million companies across the UK have claimed nearly £58 billion from the furlough scheme to support 11.4 million workers.
Many people are living off a reduced salary, or none at all and now relying on Universal Credit as their only source of income - over 3.4 million claims have been made for the benefit since March, 2020.
However, even if you are relying on the state to help you through the pandemic, there is a way to boost your savings by 50 per cent.
The Help to Save account is a scheme which thousands of people on a low income, or claiming certain benefits, could be eligible to join.
Read more on dailyrecord.co.uk