Decrease in number saving for a rainy day - 2004-02-19
Despite the government's promotion of simple savings products to have us putting money away, people still tend only to save with a specific goal in mind.
About 27% of people said they were saving towards a deposit for a house, reflecting the fact that house prices are continuing to climb across the UK. Earlier this month, mortgage lender Halifax announced that prices being paid by first-time buyers had jumped by 22.6% over the past year and broken through the £100,000 barrier.
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