Rising interest rates have pushed down spending and are encouraging people to save more, a survey by Legal & General shows.
The financial services giant says 65pc of people now want to save – up from 51pc in December – while the mood to spend is at the lowest level yet recorded at only 22pc. A fall in disposable inco...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date