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Evening Standard

Vicky Shaw

48% of 16 to 24-year-olds ‘have not put any money in savings in past year’

HSBC UK Young Enterprise United Kingdom

Six in 10 16 to 19-year-olds surveyed said they feel ‘guilt’ when they spend money (Nick Ansell/PA) - (PA Archive)

Nearly half (48%) of Gen-Zs aged 16 to 24 have not put any money into savings in the past year, a survey indicates.

The research, published by HSBC UK and Young Enterprise, was released to mark My Money Week in the week starting on June 15.

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