Saturday, Jun 30, 2007

Financially Squeezed Brits abandon Saving

Guardian Unlimited: Savings figure at 50-year low while incomes continue to decline

ONS figures reveal that the share of incomes that people save - fell to 2.1% in the first quarter, half the previous quarter's level and the lowest since 1960 during Harold Macmillan's "you've never had it so good" i.e. the lowest level of saving in 50 YEARS.

Posted by enuii @ 11:01 PM (164 views) Add Comment

No comments have been submitted.

Be the first person to add your comment by completing the form below.

Add comment

Username   Admin Password (optional)
Email Address
Comments
  • If you do not have an admin password leave the password field blank.
  • If you would like to request a password allowing you to add comments and blog news articles without needing each one approved manually, send an e-mail to the webmaster.
  • Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
  • Please note that any viewpoints published here as comments are user's views and not the views of HousePriceCrash.co.uk.
  • Please adhere to the Guidelines

Main Blog | Archive | Add Article | Blog Policies