Legal & General: Saving mentality 'strong' among Britons by Finance News Bulletin

Published: 15/05/07

wwwmoneynewscouk > Legal and General > Legal & General: economy mentality 'physically powerful' among BritonsBritons adopted a more rigorous approach to the saving of their finances last month than during the same period in 2006, novel research shows

Legal & General's MoneyMood survey indicates that 60 per cent of Britons were in a saving mood last month, compared to 57 per cent in the same month during 2006Britons are not keen on expenditure their hard-earned cash either, with the survey showing that now 26 per cent of Britons were keen to spend, the lowly April figure in three yearsDespite a number of interest speed rises having been experienced by Britons in recent era, Julia Clayworth, wealth management customer marketing manager at the group, said that they had not enormously impacted upon the ability to save"However, the recent rise in price rises figures mean the prospect of a base speed hike this month is much more likely than not," she said

She added: "If rates do move closer to six per cent we would expect

Visit original article: