From Morningstar: 2024-03-27 05:53:00

The article discusses the struggle many face in saving money in the UK, citing factors like debt, stagnating wages, and the high cost of housing. With a lack of savings culture, the savings crisis is glaring, with over 11 million people not having £1,000 for emergencies. The high cost of childcare and housing prices contribute to the challenge. The article delves into how a lack of savings is not due to laziness, but a complex combination of social and economic factors affecting many, particularly with the pressures of today’s society.



Read more at Morningstar: Editor: Politicised ISAs Won’t Get Britain Saving –…