- UK workers’ poor financial well-being is having a significant impact on productivity
- Savings as a proportion of income is the lowest it has been for nearly 60 years1
- 40% (13 million) of employees worry about money all the time and 23% (7.5 million) don’t save at all
- Addressing poor financial well-being in the UK’s workforce could boost GDP by 2.4% a year through increased productivity
- Report recommends that Government and employers should be encouraged to treat employees’ financial health in the same way as physical and mental wellbeing
- Research forms part of Yorkshire Building Society ambition to help 1.8m more people to save by 2024
Money Worries Cost UK Economy Up To £51bn A Year
