What young Brits can do with their savings
Young professionals mustn’t waste this opportunity to think about their future financial security
26 May 2021 - 17:47
With the UK slowly reopening, it’s a good time to think about what to do with any savings you may have accumulated since last spring.
Among those fortunate enough to have remained employed throughout the pandemic, household savings have soared. According to the Office for National Statistics, the household savings rate rose to a record of 16.3% in 2020, peaking at 25.9% between April and June. Immediately before the pandemic, the rate was just 7.7%...
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