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The later life lending report, which focuses on the borrowing habits of those aged 55 and over, was conducted by the Centre for Economics and Business Research (Cebr) and is now in its fourth year. While previous reports have shown a steady increase in borrowing among this demographic, the impact of Covid-19 means that those aged 55 and over are now expected to borrow £19bn less in 2020 and 2021 compared to 2019.
You can download the full report to discover more about our latest research.
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You can download the full report to discover more about our latest research.
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The FCA should make later life lending central to its public discussions | Dave Harris
The government’s ongoing focus on growing the economy has led it down the path to various industry regulators, not least our own FCA, with the request to look at its existing rules to see whether they are holding back activity in any way, shape, or form.
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