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Are you keeping too much in cash during the COVID-19 pandemic? #FridayReads

In Brief: Are you keeping too much in cash during the COVID-19 pandemic? #FridayReads

Friday, 18 December 2020

Figures published by the Office for National Statistics (ONS) show that the savings ratio as a total, which measures the amount of surplus cash households have, has increased during this period. As a result, some households have been able to increase their cash deposits during the pandemic due to a combination of lower discretionary spending during lockdown and households consciously putting more into cash reserves.

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