Brits ‘saving £315 less than in 2008’

UK adults are currently saving an average of £315 less than they were a year ago, a new survey has shown.

Research carried out by Abbey Savings has revealed that a typical Briton stashes away £120 a month, which is a drop of £43 compared to three months ago.

The poll discovered that around a fifth (21 per cent) of the British population are saving less than they did during 2008.

But the survey also found that 25 per cent of the people questioned are looking to boost the amount of money they add to their savings pot over the next three to six months.

Reza Attar-Zadeh, a spokesperson for Abbey Savings, commented: “We are certainly observing an overall decline, which may not come as a huge surprise, but it’s positive to see that there are some good intentions out there.”

Around one-third (32 per cent) of Brits do not have any cash set aside for an emergency, according to recent figures from National Savings & Investments.

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