Britons failing to save after holiday season spending

Savings are falling as people try to deal with Christmas debt. A quarter of people have no savings. A third of people cannot afford to save money, suggesting that festive spending over the Christmas season has taken its toll on the nation's bank balances, according to a Skipton Building Society Report. The survey revealed that almost a quarter of people have no savings at all highlighting that the financial future of many Britons looks bleak.