16 million adults 'without savings'

%VIRTUAL-SkimlinksPromo%An estimated 16 million adults are "living on the edge" with no savings at all to fall back on, research for a Government-backed body has found.

One-third (33%) of people surveyed, equating to 16 million across the UK, have no money whatsoever put aside for a rainy day, according to the Money Advice Service (MAS).