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Savings in UK hit record high despite shrinking economy

The amount of money Brits are putting aside for a rainy day has reached a record high, according to research by National Savings & Investments (NS&I). The average UK consumer deposited ¬£92.41 per month into their savings account this spring, the highest amount since NS&I records began in 2004. The proportion of consumers saving regularly remained at 47% for the fifth consecutive quarter. Full Story :….

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