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Media centre /
Press releaseNS&I QUARTERLY SAVINGS SURVEY:ISSUE 913 December 2006AUTUMN 2006 QUARTERLY SAVINGS SURVEY MAIN RESULTS RELEASED ON 8 DECEMBER UNDER EMBARGO FOR 13 DECEMBER 2006 National Savings and Investments (NS&I) will be publishing its ninth Quarterly Savings Survey on 13 December. The autumn 2006 survey provides an incisive and continuous view of the UK savings market, tracking the development of savings trends over both the last quarter and the last year. The survey also covers the predicted savings outlook for the coming months. The autumn 2006 Quarterly Savings Survey will reveal:
Saving for ChristmasThe Quarterly Savings Survey asks people what they are saving for, and the autumn survey reveals that nearly a fifth (19%) of non-regular savers manage to put money aside in the lead up to events such as Christmas. Dax Harkins, Senior Savings Strategist at NS&I, says: “Christmas is without doubt one of the most expensive times of the year so it is certainly sensible to save in advance of the additional drain on your finances. It is encouraging to see that a fifth of those people who do not usually save on a regular basis have found the discipline to save in preparation for Christmas. However, the rest of the non-regular savers do not appear to be saving for the added costs of the festive season.” “They should consider putting a little away each month in 2007 to make next Christmas a little easier to manage. One of the most effective ways of saving is to look at regular spending and make a few painless cutbacks, putting the money aside each month on payday instead. It is a good way to boost the savings pot and begin to save habitually. Setting up a standing order will ensure that the money is transferred each month and the funds for Christmas will grow, with the added interest that it is earning.” Media briefingsInterviews are available on the Savings Survey with Dax Harkins, senior savings strategist at National Savings and Investments. To book a briefing or for further information please contact the NS&I media team on 020 7348 9654. ENDS Notes to Editors National Savings and Investments (NS&I) is one of the largest savings organisations in the UK, offering a range of savings and investments products to 26 million customers. All products offer 100% capital security.
Media team The numbers below are for media use only. Customers wishing to contact NS&I can find details here.
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