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The Independent UK
The Independent UK
Business
Karl Matchett

New data shows dire savings state of mid-career earners - and one in seven adults have none at all

The lack of financial resilience among Britain’s midlife workers has been laid bare by new research, which shows three in ten UK adults (30 per cent) have less than £1,000 in easily accessible savings.

About one in seven (14 per cent) said they had no savings whatsoever, while even among those aged 45-54, an age span usually considered around the peak earning years for workers, more than half (54 per cent) had less than £2,500 available to them should they suffer a loss of income.

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