Attention Economy


Wednesday, August 31, 2016

Household Saving Behavior in UK

No wonder Britain's saving habit is collapsing. Debt is now a way of life by Suzanne Moore
“No wonder many gamble, as they no longer save. Can’t save/won’t save. New figures show that Britain’s “saving habits” are collapsing. This can be put down to the record low in interest rates and the attempt to boost consumer spending. Surely this is also to do with stagnating wages and a culture where saving for many is just impossible.”