In abrdn’s biannual Financial savings Ladder index, performed by Opinium Analysis, a raft of causes starting from the change in authorities to falling rates of interest have led youthful buyers to undertake a “use it or lose it” strategy forward of any potential tax tweaks within the Autumn Price range.
Total, the nation’s propensity to save lots of and make investments has edged up by 4 share factors between Might and September.
Nevertheless, in line with the report, “this determine masks a worrying intergenerational divide”, evidenced by a rising propensity to save lots of and make investments amongst 18–34-year-olds, who exhibited a double dig…