Families raid savings to pay bills
%VIRTUAL-SkimlinksPromo%
Family saving has slumped to its lowest level for four years after a fall of billions of pounds as people "raid" their piggy banks to keep afloat, according to a new report.
The TUC said the amount of money being saved by families across the country has fallen from £20.1 billion to £11.4 billion as consumer spending increased by 4.2%.