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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.
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