Total UK household savings have exploded during the pandemic
UK monthly household savings £bn
Jan
2018
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan
2019
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan
2020
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
0
2
4
6
8
10
12
14
16
18
20
22
24
26
28
30
32
34
Monthly household savings
Monthly average UK household savings 2018-19 £5.6bn
Total estimated stock of excess savings accumulated in 2020 £125bn
Pandemic