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Britons hoard cash as economic uncertainties prompt caution

Thursday, December 29, 2016 - 05:50

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Britons are holding onto their cash in a sign that they may be hunkering down in the face of economic uncertainties, according to the British Bankers Association.

London

BRITONS are holding onto their cash in a sign that they may be hunkering down in the face of economic uncertainties, according to the British Bankers Association.

Personal deposits grew an annual 4.8 per cent in November, data compiled by the BBA show. They increased by £32.

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