More Britons are saving on a regular basis, but they are each saving a bit less, according to latest figures published by National Savings & Investments (NS&I).
Its quarterly savings survey covering the September-November period suggests overall savings per head per month went up compared to the same period one year ago, from £81.80 to £91.82. However, the amount saved as a proportion of income remained steady at 7.15%, despite the proportion of regular savers rising to 58% from 54% of the population. And among those regularly saving, the average monthly amount of about £170 is down from £174 in the same period last year. NS&I suggests one reason for the improvement in the number of regular savers is down to monetary policy tightening up inte...
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