NW savers in the black
4:31pm Thursday 2nd September 2010 in Business News
PEOPLE in the North West have accumulated the highest level of savings despite setting aside less than those in other regions each month, according to a new survey.
The average person in the North West has savings totalling £8,871, more than double the amount those in Wales have set aside at £4,253, according to internet bank Egg.
People in the North West also have the biggest nest eggs in relation to their salaries, with their deposits averaging a third of their annual pay.
But despite having the highest level of savings, consumers in the region have one of the lowest monthly savings rates at an average of £93.
