Men are saving more than women, Legal & General has claimed.
Women are saving less than men in the current economic climate, it has been claimed.
A new report from Legal & General made the savings discovery, as part of its general poll on the current financial "mood" of British people. According to the survey, 69 per cent of men were "saving more" in May, compared with just 63 per cent of women.
The fact that a majority of both males and females are looking to put more money by, however, signifies that media reports of volatile stock markets and falling house prices - coupled with people's own experience of rising food and fuel costs - has encouraged more conservative budgeting among Britons.
Legal & General also found that 56 per cent of Britons had money left over when all their bills have been paid at the end of the month. This figure went up to 66 per cent of Welsh people, and down to 43 per cent of Londoners.
Julia Clayworth, head of marketing for wealth management at Legal & General, said: "In the current market everyone should be in the mood to save something towards their long term goals. With the research showing that a massive 56 per cent of people have money left over at the end of the month after bills and debts have been paid they now have no excuse not to make regular payments into their pensions and savings plans."
Compare savings accounts via money.co.uk
