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Britain's savings culture in crisis, says Iain Duncan Smith

Britain’s savings culture is in crisis, Iain Duncan Smith warned as he unveiled a pensions revolution today.

By Myra Butterworth, Personal Finance Correspondent

Published: 2:34PM BST 24 Jun 2010

(http://www.telegraph.co.uk/finance/personalfinance/7851742/Britains-savings-culture-in-crisis-says-Iain-Duncan-Smith.html)

Families saving more money than borrowing for first time in 20 years

Families are banking more money than they are borrowing for the first time in more than 20 years, a Bank of England report shows.

By Philip Aldrick and Myra Butterworth

Published: 10:12PM BST 24 Jun 2010

(http://www.telegraph.co.uk/finance/personalfinance/savings/7852966/Families-saving-more-money-than-borrowing-for-first-time-in-20-years.html)

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