1 in 5 Brits Have No Savings
Published / Last Updated on 25/06/2012
1 in 5 Brits Have No Savings.
According to new research from Santander Savings, 22% of adults in the UK have no savings. Over the past 12 months, the average monthly deposit amount has also fallen 7%. In 2011, Britons were depositing an average of £112 per month, this has now dropped to £105.
Men are depositing 54% more than women. Female monthly deposits have reduced by 8% over the past year, compared to a 5% drop in the average deposit made by male savers.