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Home | One in five Britons have no savings |
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One in five Britons have no savings
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- March 16, 2012
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The Co-operative Bank has revealed that as many as 20% of Britons have no savings whatsoever. When asked, those lacking savings stated they would resort to borrowing should they need extra funds, with most (53%) preferring credit cards. Borrowing from family was also popular (42%), as were overdrafts (26%). There was a perhaps predictable age [...]
- Read more at:http://www.bankingtimes.co.uk/2012/03/15/one-in-five-britons-have-no-savings/
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