2nd lockdown has improved savings and retirement attitudes

A new report from Bank of Ireland has found that almost half of Irish consumers (49%) see it as a good time to save which compares to 42% in November 2019.

However, this number is lower than it was in May of this year (55%) suggesting that while lockdowns have enforced a reduced level of expenditure, consumer attitudes to saving have not been quite as pronounced in the second lockdown, or Christmas spending had started in earnest. read more