One in 10 have no savings, financial regulator says
Business / Fri 16th May 2025 at 05:19am
MILLIONS of people are walking a financial tightrope, with one in 10 UK adults saving no money at all, a major report has concluded reports the BBC.
This leaves many exposed to economic shocks and vulnerable to rising bills, according to the Financial Conduct Authority’s (FCA) Financial Lives survey.
Moreover, anxiety and stress levels were relatively high, particularly among those burdened by debt.
Click below for full story.
https://www.bbc.co.uk/news/articles/cvgv6z5pr92o
Adam
2025-05-17 01:19:43
Wait until you see how many people on look to be doing well but are living purely on debt.
HenryB75
2025-05-17 12:00:30
How the hell are ordinary people expected to have savings?
Adam
2025-05-17 17:24:27
Remember at least 1/3 of your salary goes to government, then there is VAT, insurance taxes, council taxes, stamp duty, fuel taxes etc. most of our money goes to a increasingly greedy government which fails to deliver.
Leave a Comment Below:
3 Comments for One in 10 have no savings, financial regulator says: