Savings prioritised over luxury spending

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Savings prioritised over luxury spending

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02-13-2009, 05:25 AM

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Savings prioritised over luxury spending

Britain’s attitude to saving has seen a stark turnaround since the start of the credit crisis, with most savers now shunning luxury purchases in favour of keeping money in their bank account.In a survey by Birmingham Midshires, only one in ten (9%) confessed to raiding their savings to buy a luxury item over the last [...]

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