Householders are continuing to save more than they did during the pandemic
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That’s according to the CSO, which has found people were saving 20 per cent of their income in the last three months of 2022, despite the pandemic restrictions being long over
Total household incomes rose because of government support – but when inflation is taken into account, incomes are ‘really only standing still.’
It’s also noted there are more people in employment than ever before.