Britons built up £1.7 TRILLION in savings but now families torn between holidays and bills

Mark Incledon, CEO quoted in Daily Express, 9th January 2022

“When people are concerned about taxes rising, they save more and spend less. I think we’ve seen that happen in the last couple of months.

“The loosening of travel restrictions over the summer meant less saving and more spending for a lot of households. That reversed sharply in the autumn as people worried about the cost of the National Insurance rise, as well as other tax increases that could be around the corner.”

Read more: https://bit.ly/3zFzDFY

More stories

19 May 2023

Equity release mortgage sales jump 28% to hit £5.2 billion in 2022

Read more

15 May 2023

£233bn stuck in zero-interest accounts as pressure grows on banks to improve advice

Read more

Top

Get in
touch