Brits still saving despite recession - NS&I

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Britons have been saving more over the last five years - despite having to contend with economic turbulence, including the longest recession in the country's history, new findings suggest.

The NS&I savings survey, which examined the savings behaviour of 50,000 Britons since 2004, shows an overall increase in the amount people have set aside over the last five years. Whereas five years ago the average monthly amount saved per head was £70.23, that number has shot up this year to £83.87 - its highest level since the survey began. Just under half of the population (47%) are now saving regularly, a slight increase from the 2005 figure of 45%. Furthermore, despite severe upheaval in the financial markets over the last 18 months, the amount saved as a percentage of income rem...

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