 Bank accounts |
| Search News |
|
|
| Find an IFA |
|
|
| Browse |
|
| UK Spotlight |
While today’s decision by the Bank of England MPC was literally a no brainer it does not help the thousands of home owners who are struggling to make ends meet. As we read another report from the...
→
Read More
|
|
| Disclaimer |
| Financialadvice.co.uk adheres to the Financial
Services and Markets Act 2000. This site contains only factual and
readily available public information. |
|
|
|
Loans UK
As our name says, we are All About Loans! Come to our website and choose the UK loans we can advise you on.
|
|
|
|
|
|
Friday 28th September 2007
Almost half of Brits think that people will ditch banks and start stashing their cash at home, after the Northern Rock crisis.
A survey conducted by Cornhill Direct found that 45 per cent of people thought consumers would leave banks behind and another 40 per cent said that they thought keeping money at home was a good idea.
More than three-quarters of those questioned admitted to keeping money at home - an average £127 per household or a massive £4.6 billion nationwide.
The survey seems to show that trust in financial institutions is at a low, with an increasing number of people unwilling to put their faith - and more importantly their money - in the hands of a bank.
Hiding places included drawers, tins, even in the freezer and under the floorboards, and that old favourite - under the mattress.
Despite the popularity of keeping cash at home, it was found not to be the safest place - with almost one in ten people reporting that some of their hidden money had gone missing at one point or another.
|
→ Full Bank accounts News Archive
→ Return to Homepage |
|
|
|
| Other top stories in this section:
|
|
|
|
