That puts them on course to rack up almost £440 if restrictions aren't lifted until June according to research from www.carwow.co.uk. Around a quarter of household spending goes on outgoings that are currently not possible or strongly discouraged - such as eating out, commuting, going on holiday and transport, a separate study from the Institute for Fiscal Studies found. (Image: Getty Images)The IFS found while better-off households may increase their savings, as spending on "banned" activities falls, poorer households could finish up worse off. That's because a bigger chunk of their income goes on necessities, leaving less spare room to save and potentially nothing at all if their income falls as a result of being furloughed or seeing wages or hours cut. Alex Davenport, research economist at the IFS, said: "Social distancing measures aimed at containing the spread of coronavirus are likely to have a significant impact on households' spending."

Source: Daily Mirror April 11, 2020 09:00 UTC