April is traditionally a squally month; it seems that there’s a shadow over our confidence as well. The Guardian reports a survey from market researchers GfK which shows that Britons have lost faith when it comes to personal finance, the UK economy and shelling out on big investments. The index was showing 0 in March, but for April has dropped to -3, down seven points from last year.
There can be no sweeter feeling that putting your hand in the pocket of a long-neglected coat and feeling your fingers brush against a crisp banknote. But we’re stashing our cash in more and more bizarre places, according to the Daily Mail this morning. Citing a report from Virgin Money, the paper says that due to ‘dismal’ interest rates, more and more people are squirrelling money away at home. 14 per cent of those surveyed still use a piggy bank; others put money into bottles and jars, teapots and the freezer.
Comments
Join the debate for just $5 for 3 months
Be part of the conversation with other Spectator readers by getting your first three months for $5.
UNLOCK ACCESS Just $5 for 3 monthsAlready a subscriber? Log in