Labour says Britain's savings ratio is positive but conservatives and Lib Dems beg to differ
Approaching the election, the Labour Party is claiming the savings ratio in Britain is positive compared with other industrialised countries. Meanwhile, the Conservatives and the Liberal Democrats both say they are planning to tackle a serious problem on the general public's balance sheet. As the political battle heats up, Investment Week examines the main parties' plans for the financial services industry and closing the savings gap. Labour: In his 2005 Budget, the Chancellor of the Exchequer, Gordon Brown, made a positive assessment of the state of the nation's savings. "The household s...
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