Over £317.5 million pounds in loose change is gathering dust in UK households[i], according to the latest findings from Lloyds TSB.
Savings balances show the emergence of a geographic split, which contrasts the more typical north south divide.
Millions of people across the UK have savings, investments, debts and income that they choose to keep hidden from their partners, according to new research from Prudential.
Asda Money has announced that it has paid out over £1million in bonuses to over 500,000 Christmas Savings Card customers to help towards their Christmas shopping this festive period.
Nearly half (49%) of Brits feel worse off now than they did 12 months ago, the highest number ever recorded by Gocompare.com, which has been asking the question since August 2010.
Analysis from MoneySupermarket has revealed that a host of new banking entrants can currently offer consumers a better return on a range of savings products, more so than deals offered by the traditional high street banks.
Today's announcement by the Bank of England that The Consumer Price Index (CPI) has soared from 2.2 per cent - its lowest level in almost three years - to 2.7 per cent means consumers should be checking their savings rates even more to ensure they are maximising their returns, according to MoneySupermarket.com.
With regular warnings of poverty in old age, nearly half of 50-64 year olds are building a savings nest egg to supplement their pensions in retirement.
Thirty-one per cent of UK households have less than £250 set aside as a financial safety net, according to research from HSBC.
Savings success has a direct impact on people's mood, according to research from NS&I that reveals 26 million Britons (53%) say saving improves their state of mind.
Today's announcement by the Bank of England that The Consumer Price Index (CPI) has fallen to the lowest levels in almost three years, falling to 2.2 per cent from 2.5 per cent last month will be welcomed by savers.
Ethical savings and green mortgage provider Ecology Building Society has announced a significant achievement in its 31 year history, with savings balances exceeding £100m for the first time.
More than 150,000 savers are benefitting from Nationwide's SavingsWatch, which was launched just three months ago.
The average rate on the top 5 easy access savings accounts have seen a drop of 0.21 per cent since the beginning of August, according to analysis from MoneySupermarket so savers who are looking for a suitable savings account need to be quick to take advantage of leading deals.
The younger generation is moving away from a ‘buy now - pay later' culture and embracing austerity, with a massive 63% of Welsh 16-24 year olds believing now is a good time to save.
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