Covid: ethnic minorities in UK at greater risk of financial hardship – report

BAME people could suffer ‘double whammy’ of higher financial impact on top of disproportionate health effects

People from black, Asian and other minority ethnic communities are at much higher risk of financial problems and rising debt caused by the Covid-19 economic crisis than the wider population, according to a respected thinktank.

The Institute for Public Policy Research (IPPR) said people from a BAME background were twice as likely to expect to have difficulty paying their usual bills and expenses in the next three months, and more than twice as likely to have lost their jobs or otherwise stopped paid working during the crisis.

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