A third of renters are saving £100 a month or less, meaning it could take around 35 years to build today’s average first-time buyer deposit of £41,403. 73% feel ‘locked out’ of the property ladder, with 45% blaming high rents for making it difficult to save.

One in three renters face 35-year wait to save for first-home deposit as high rents lock aspiring buyers out (Skipton Building Society)

People who went to university will earn around 20% (£180,000) more on average over their lives because of their degree, however a quarter of graduates can expect to be financially worse off over their lifetime as a result of going to university.

The average graduate can expect to be around £100k better off over their lifetime for going to university – but a quarter can expect to be financially worse off (IFS)

More than half (56%) of UK retail investors have used some form of social media platform to inform a financial decision in the past two years, with YouTube (36%) and Facebook (22%) the most popular, followed by Instagram, LinkedIn, and X (each 20%).

One in four UK retail investors now use AI to support financial decisions (Fidelity International)

More than a third of people (36%) keep their savings with an account provided by their main current account provider, while 21% admit to keeping their savings in their current account itself. Just over a quarter (27%) say they have placed their savings with a separate provider.

£227 billion held in current accounts containing £10k+ earning zero interest (Spring)

Last year, an average of 3.4 million 18-24 year olds worked during their summer break, with four in ten of Generation Z saying they wish they had learnt the basics about tax when they were younger.

Need tax help? Gen Zs wish they had learnt basics about tax (HMRC)

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