One in 10 have no savings, financial regulator says

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MILLIONS of people are walking a financial tightrope, with one in 10 UK adults saving no money at all, a major report has concluded reports the BBC.

Photo: Brian Thomas Photography

This leaves many exposed to economic shocks and vulnerable to rising bills, according to the Financial Conduct Authority’s (FCA) Financial Lives survey.

Moreover, anxiety and stress levels were relatively high, particularly among those burdened by debt.

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https://www.bbc.co.uk/news/articles/cvgv6z5pr92o

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