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The Independent UK
The Independent UK
Business
Karl Matchett

Why you could be ‘revenge saving’ without even realising it

While few of us long for a return to the days of lockdown, one small silver lining from that period was that Britons were able to save up their cash – simply because they weren’t able to go out and spend.

In 2020, households saved almost three times as much money as the previous year, according to an analysis of Bank of England figures by investment firm Hargreaves Lansdown.

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