Half of Brits dip into savings to beat crunch

A survey of 2,000 British savers by Fairinvestment.co.uk found 18% of people have used up to 10% of their savings since the onset of the credit crunch. About £281 per person was withdrawn with an average amount saved standing at £2,813. Another 7% of Brits surveyed say they have used between 11 to 20% of their total savings, while 5% have used 21 to 30%. Furthermore, 4% have used a huge 31 to 40% of their savings. Ominously, 5% of Britons admitted to spending between 91% and 100% of their savings, which equates to £2,560 when compared to the average amount saved. Furthermore, 6% of ...