31% 'using savings for holidays'

%VIRTUAL-SkimlinksPromo%More people are dipping into their savings to splash out on a holiday, and fewer are doing so to pay down debt as confidence in the economy improves, research has found.

The appetite to save money generally is increasing, with more than two-thirds (67%) of people now saying they save regularly or when ever they can, marking a 2% increase over the last 12 months, according to Lloyds Bank's savings index.