A bad time to save?

Meanwhile, consumers are saving less and paying off debts faster, according to research from Nationwide. Less than half of consumers save money regularly, with 25 per cent saving nothing at all, a figure getting worse since the Bank of England dropped its base rate from 2 to 0.5 per cent in December. More than half of those questioned believe it is a bad time to save, and that the government is actively discouraging savings.