saving set to hit â£1 trillion by Finance News Bulletin

Published: 14/12/07

individual savings have nearly doubled from their level of £426 billion in 2000, according to novel research from Alliance & LeicesterThe new report found that Britons will have more than £1 trillion value of savings by 2012 if the trend continuesAnd given that 39 per cent of respondents supposed they were planning to increase their savings in the next five existence, that seems an increasingly plausible prospectThe figures paint a markedly different picture to the widely-held faith that Britain is a nation of spenders and borrowers, with the £876 billion investments figure dwarfing the £214

8 billion that Britons owe in unsecured debtBut not everyone appears to have taken monetary responsibility to heart as the research also found that 24 per cent of populace lack any savings at allAmong the non-savers, three quarters claim they have no money to put sideways while 12 per cent admit they simply lack regulationTerms of use Advertising Resources manufactured goods guides Press releases

Visit original article: