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1st Mar 2023 15:58U.K., Daily Monitor

  • Households in January saved the least and borrowed the most since June, but likely will remain cautious ahead.
  • Excess savings look small in real terms, and the proportion of deposits held in time accounts has jumped.
  • Savings have become even more unequally distributed, and low confidence points to continued hoarding.

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Keywords for: 3 Mar 2023 UK Monitor

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