Abbey: Customers 'should plan ahead for Christmas'

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Abbey: Customers 'should plan ahead for Christmas'

Given the current financial climate, consumers should "become more savvy with their spending habits", the director of savings and investments at Abbey has asserted.

According to Reza Attar-Zadeh, people are turning to savings accounts to stash away their extra cash for the coming months.

She said that with rising prices and the upcoming Christmas season, it is important that people make sure to plan ahead - and that opening a savings account is one way to do this.

Recent figures from Abbey indicate that the number of people in the UK who save money regularly has increased by 51 per cent since 2006.

Some 5.6 million people claim they have tried to change their attitude toward spending by saving regularly during the last year and a half.

Figures published this week by uSwitch have indicated that the average UK household's disposable income has fallen by 15 per cent in the past year and now stands at £14,520.ADNFCR-323-ID-18749869-ADNFCR

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