It’s a well-known fact that rainy day savings are important. These rainy days can be anything from financial and medical emergencies to weddings, university fees, or moving house. Despite the importance of savings being well-known, are people in the UK ready for that rainy day?
Unsurprisingly, people’s attitude toward savings differs vastly depending on their age and financial situation. However, research suggests that around 15% of people in the UK have no savings at all, while one in three people have less than £1,500 put away.
Distribution Finance Capital Holdings plc (LON:DFCH) is UK specialist commercial lending and personal savings bank. From straightforward savings to practical finance solutions, our aim is to help customers manage and grow their business or savings. Founded as a specialist commercial lender in 2016, DF Capital was authorised as a bank in September 2020.