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NS&I predicts 2006 savings increase

Saving levels are set to increase this year with 37 per cent intending to save more compared to 19 per cent saving less, according to National Savings & Investments.
NS&I says savings intentions are strongest among the young, with 70 per cent of 16 to 24 year olds planning an increase in saving compared to 13 per cent predicting they will save less.
NS&I senior savings strategist Dax Harkins says: “Our research indicates that people are more determined than ever to get a grip on their savings. We hope this determination will be followed through and we see a significant improvement in actual saving habits as the year progresses.”

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