Regular saving ‘back to normal’

The number of people saving regularly has returned to a normal level for the first time in almost two years despite widespread dissatisfaction with government policy.

The level of regular saving has gradually improved this year and in July returned to the normal long-term level of saving among consumers, according to the Nationwide UK (Ireland)/ ESRI Savings Index.

The proportion of people saving regularly increased to 41% from 35% the previous month, despite just a quarter of those surveyed believing that now is a good time to save.