Research by the Resolution Foundation finds that data held by the Office for National Statistics misses almost £800 billion of assets held by the wealthiest one per cent of households
Around £1.3 billion has gone to people unaffected by the crisis, while others suffering catastrophic income losses have missed out on any support at all.
The problem is particularly acute among agency workers and those on the minimum wage, where around one in 10 workers are not getting the pensions to which they are entitled.
The coronavirus crisis has placed more barriers to homeownership in front of young people, regardless of expected falls in house prices, says the Resolution Foundation.
Lower income households are twice as likely as high income households to have increased their use of consumer credit during the crisis, and are 50 per cent more likely to be saving less than usual.