Article by Sam Griffin
3rd September 2018
UK Households More Likely To Be Borrowers Than Savers
UK Households are now more likely to be borrowers than savers, with savings at their lowest since 1963, according to a study by the Office for National Statistics. Households are increasingly borrowing more – by taking out loans, mobile phones, car finance, and mortgages – than they are actively depositing into savings accounts.
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