Research conducted by TNS for Nationwide Building Society has found that a fifth of people do not save any money.
The study also showed that only 26 per cent of consumers consider saving to be important, nearly half the figure of 49 per cent from last month’s equivalent report.
Nationwide described the results as “concerning”, as although close to half are still putting money aside, 61 per cent are doing less than they believe they need to.
The building society has blamed the increasing cost of living on people’s attitudes, as many choose to prioritise bills over
Research by Sainsbury’s Finance recently found that many of the UK’s top
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