British People Who Save are Confident About 2010
Here in Britain, adults are becoming increasingly confident about the economy in 2010, according to NS&I. Their new report marks a change from previously stated statistics.
Because of this, many savers are thinking of investing more money this year than they did in 2009 and 30 per cent of men are planning to start putting more money to one side for savings.
NS&I state that around 27 per cent of the population is looking to save more cash this year than they have previously.
NS&I’s savings spokesperson, Tim Mack, said: “People are increasingly confident that they will save more over the next year than they have done in the last year.”
It was stated recently that the proportions saving each month had only increased to 47 per cent from 45 per cent in 2005, so this report marks a change in opinion by many NS&I customers, despite increasing economic instability.