Brits Not Saving in 2008

One in seven Brits have been unable to save a single penny throughout the whole of 2008, according to the results of a poll carried our by Alliance & Leicester (A&L). Although half of those surveyed regret that they could not contribute towards any savings, the other half were unconcerned about their poor savings habit.

A third of those who responded said that they have had to dip into their savings at some point last year so that they could afford their cost of living.

Hetal Parmar, manager for savings at A&L, said: “What’s surprising is the number of people who still haven’t put any money aside and aren’t concerned about it.”