Britons Are Saving Less as Cost of Living Surges, GfK Says
The article reports that Britons are saving less as the cost of living surges in the UK. According to the GfK survey, UK households are finding it increasingly difficult to save money as a larger portion of their income is being spent on essential goods, such as food. This trend is attributed to the rapidly rising cost of living in the country. The survey suggests that Britons are facing financial challenges due to the surge in prices, which is leaving them with less disposable income to put into savings. The article highlights the impact of the ongoing cost-of-living crisis on the saving habits of UK households, as they struggle to make ends meet in the face of increasing inflation and rising prices of essential items.
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