General Article Millions of Brits have no savings

Topic Selected: Money Matters
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  • Brits save an average £150 each month – a collective £81.8 billion a year
  • But a fifth have no savings at all and 18 per cent save £50 or less
  • 53% wish they had received more money advice at a younger age as 78% believe being “good with money” is a learned behaviour

New analysis from Santander UK reveals that 10.3 million Brits (20 per cent) have no savings, leaving them exposed to unexpected expenditure. Although the average Brit saves £150 per month, a collective £81.8 billion a year, alm...

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