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Savers Hoarded Less Cash Ahead of Reeves’ Second Budget
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Savers hoarded less cash ahead of Reeves’ second Budget, AJ Bell reports
Latest figures from the Bank of England show households placed £8.1bn into cash accounts in November ahead of the 2025 Budget, with Laith Khalaf, head of investment analysis at AJ Bell, analysing what the data reveals about UK saving behaviour. Laith Khalaf, head of investment analysis at AJ Bell, comments: “It looks like last November’s Budget led to some cash hoarding activity by the public as they sought to build a buffer against tax rises, t…
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