Londoners top the lockdown savers by 38% who say they have managed to put more money aside
31 percent of people across the country said they managed to save more during the lock, compared to 38 percent in London
Londoners have saved more than most during lockdown, research shows.
More than a quarter of the British stopped or cut back on saving in the pandemic, according to the survey of pension company Aegon.
It turned out that 58 percent of people in the Southwest had to scale back.
Still, 31 percent of people across the country managed to save more, rising to 38 percent in London.
Steven Cameron, Aegon’s retirement director, says, “There is a big gap between those who have kept working and saving more and those who have had to cut back or stop saving or borrow more.
“If this gap continues for a long time, it will have major consequences for the future financial security of various groups.”