We are a proud supporter of UK Savings Week. The campaign brings organisations and groups who want to see greater financial resilience in households across the country, promote the benefits of savings and how to proactively manage them.
New research from the Building Societies Association (BSA) as part of UK Savings Week has found that despite the significant rise in interest rates over the last two years, more than one in four adults (28%) still hold most of their savings in a current account paying no interest.
UK Savings Week reveals that more than one in four Brits are missing out on over £800 in savings interest. The new research also found that despite the significant rise in interest rates over the last two years, more than one in four adults (28%) still hold most of their savings in a current account paying no interest.
About UK Savings Week
UK Savings Week is a Building Societies Association led campaign with a clear social purpose of getting people engaged in saving, whether that is people who don’t have any savings to fall back on in an emergency, or people who have some savings but which could be working harder for them. It’s a sad fact that 14 million people in the UK have less than £100 in savings.