Latest research

Almost eight in ten people surveyed by National Savings and Investments (NS&I) admitted to spending more money than they might otherwise have done because of being tempted by the prospect of saving money.

NS&I’s latest Quarterly Savings Survey has revealed that the steady rise in savings levels seen over the last year, from 7.42% of income saved in summer 2013 to 8.21% in spring 2014, came to an end in the summer. Britons are now saving 7.63% of their income each month.

New research out today reveals that banks/building societies are at risk of bombarding customers with too much financial jargon – potentially losing their custom to a competitor because they simply don’t understand the language used by them.

The current savings outlook for Great Britain is more positive than spring last year, with NS&I’s Quarterly Savings Survey showing a 2 percentage point increase in the proportion of people who feel they are more likely to save over the next three months (spring 2014 18%; spring 2013 16%). Also, the number of people less likely to save has declined from 22% in spring 2013 to 18% in spring 2014.

The latest edition of NS&I’s Quarterly Savings Survey reveals that Britons have recorded the highest saving level of the year. People are now saving 8.04% of their incomes each month, £101 in monetary terms.

March’s Premium Bonds millionaire A male living in Avon Bond number: 163EA927547 Winning Bond bought in December 2009 Total holdings £26,662 For the March 2014 draw ERNIE paid out over 1.8 million prizes, together amounting to over £51 million in value. There were 47,389,711,882 eligible Bond numbers in the draw.  In Avon there are over 400,000 Premium Bonds holdings worth more than £990 million.

NS&I’s latest Quarterly Savings Survey shows how Britain’s savings behaviour has changed over the last decade. Britons are now saving 7.76% of their incomes each month, (£98).

The latest NS&I Quarterly Savings Survey out today reveals that over one in four Britons (27%) with an emergency fund have broken into it when they didn’t have to.

NS&I’s latest Quarterly Savings Survey reveals an end to recent behaviour where women have saved a greater proportion of their income than men.

There has been an increase in the number of people who will use at least some of their annual ISA allowance, according to new research from NS&I.