Global stock markets clawed back some of their recent losses this week, on hopes that central banks may not need to raise rates as quickly as previously feared.

Stock markets around the world have extended their September losses as the latest round of interest rate rises appears to have increased the likelihood of a global economic slowdown.

"For many UK households, the experience of Covid-19 is highlighting a lack of financial resilience and a need to do things differently in the future. There is evidence of a silver lining, with the pandemic leading many to re-think their focus on financial priorities"