Summary
Urgent action is needed to make UK consumers start saving more money, an influential forecasting group has claimed.
The Ernst & Young Item Club, which bases its predictions on the Treasury's model of the economy, said the country's low savings rate was affecting the balance of the economy.See the full content of this document
Extract
Figures Don't Add Up to Encourage Consumerstosave
The group's spring forecast painted a strong picture of the economy in the short t...
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