12-Month Low Of British Saving Rates
Almost a quarter of the British population failed to save any of their earnings in the last three months, a recent study shows. National Savings and Investments (NSI) latest quarterly survey found that 23% of participants did not save a single penny of their income- a 6% increase on last year’s 17% national saving rate.
The survey also stated that over 15m people have not been saving enough money to cope with an emergency should one arise.
John Prout, retail customer director at NS&I said:
“When times are tough it can be difficult to save but even putting away a few pounds each week will help act as a financial cushion should you read more »

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