Alliance & Leicester savings report

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Alliance & Leicester savings report

Alliance & Leicester has revealed strong interest in savings accounts.

A survey by the high street bank revealed that Brits were planning to increase the amount they save this year.

"It is encouraging to see that people are not only getting into the habit of putting money aside on a monthly basis, but are also planning to increase the amounts they save and invest," commented Sarah Ennion, product manager for investments at Alliance & Leicester.

"The upturn of the stock market has undoubtedly had a positive effect on confidence," she added.

The figures will come as a boost to government ministers, who are keen to encourage more people to put money away for the future.

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