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Squeezed UK households tap into savings at record pace
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rebbonk
Pillar of the Community
Joined: Thu Oct 12, 2017 6:10 pm
Posts: 9454
Location: Coventry
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Quote: Squeezed UK households tap into savings at record pace- UK households withdraw record 3.8 billion pounds from savings
- Consumer credit lending slows in May
- Drawdown of savings likely reflects cost of living
- Interest rates likely to rise further
Source: Reuters
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Of course it'll fit, you just need a bigger hammer.
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| Thu Jun 29, 2023 2:27 pm |
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Lex
Pillar of the Community
Joined: Mon Jun 25, 2012 8:54 am
Posts: 14010
Location: Stratford
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I'm fortunate to be able to absorb the recent price rises thanks to a promotion at work last year; I've even been able to save a bit extra each month.
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| Sat Jul 01, 2023 4:33 pm |
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