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So far in 2019/2020
NS&I delivered £2 billion of Net Financing in Q1 (April-June 2019), £2.9 billion of Net Financing in Q2 (July-September 2019) and £3.2 billion of Net Financing in Q3 (October-December 2019) giving a 2019-20 year-to-date total of £8.1 billion.
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NS&I research shows that Generation Rent struggle to save, but not for want of trying
- Nearly half (48%) of all young adults (18-34 age brackets) said a lack of disposable income affected their ability to save.
- Three quarters of 18-24 and 63% of 25-34 year olds cut on spending in order to save.
- Almost four in five (79%) of those with savings admitted to having to dip into their savings to cover their day-to-day living expenses.
New research by NS&I has revealed that nearly one in four people in the UK (23%) have no savings at all. This comes despite 77% of people saying they believed it was important to save.Read the full story