One in three consumers don’t save

ONE in three consumers are not saving at present — a slight increase over last month, the latest Nationwide UK (Ireland)/ESRI savings index shows.

However, the index also found that consumers are more positive about the savings environment, while their attitudes towards saving in general have remained relatively static.

In September, 37% of consumers believed that now is a good time to save compared with 27% in August; while 33% of respondents believed that now is a bad time to save, a decline of 11% from August.