The past year has served as a reminder how quickly one's personal circumstances can change. In uncertain times such as these, financial resilience is more important than ever. But whilst savings for some Brits have surged in the pandemic, it's not been the case for everyone. 41pc of UK households could not last more than three months without their main source of income. If you are in a bad place, what are the best steps?

Katy Balls is joined by Tracey Crouch, Conservative MP and former minister for sports, civil society and loneliness, who's also been a leading campaigner on gambling reform; Bridget Phillipson, shadow chief secretary to the Treasury; and Nicola Bannister, Lloyds Banking Group's Collections Effectiveness Director for Retail.

Sponsored by Lloyds Banking Group.