Lowest British savings levels for 12 months

Britons are saving £87 each month, down from £100 last spring Almost a quarter (23%) of Britons are saving nothing each month, a rise from 17% last spring A quarter (25%) say they are less likely to save over the next three months NS&I’s latest Quarterly Savings Survey, published today (4 July 2012), shows savings levels have dropped over the last year, with a growing number of the population saving nothing each month. Over a third (37%) of savers don’t have enough savings to cope in an…

NS&I research shows that committed young Britons are motivated to save for emergencies as much as going on holiday

According to new data released today from NS&I’s Savings Survey, young males (aged 25-34 years) are among Britain’s most dedicated group of savers, putting away an average of £104 each month, well above the national average of £88.