Markets Round Up

03/08/2017

Money Stats for July were;

  • This year has seen a record low in savings at 1.7% of income, invested in banks this would show a return of 46 pence p.a.

  • 62 years saving would pay the deposit on a home.

  • 9.45 million people have no savings at all.

  • Credit lending nearly £200bn with average consumer debt of over £7k per household.

  • 57pc of all credit cards bear interest

  • 1,00 people a day are made redundant.