Market jitters curb investors

13 April 2012

THREE years of falling stock markets have put Britons off investing, and has led them to keep a higher proportion of their money in deposit accounts.

A report by market analyst Datamonitor revealed the level of UK households' savings and investments rose by an average of just three% a year between 1998 and 2003. It said 'miserable market conditions' had played a major role in the slowdown of savings and investment growth, and had also led to a 25% fall in the amount of money people held in shares.

It added that reports by City watchdog the Financial Services Authority on the mis-selling of investment products had also weakened consumers' appetite for risk, and led to a 20% increase in the level of money people kept in savings accounts.

Create a FREE account to continue reading

eros

Registration is a free and easy way to support our journalism.

Join our community where you can: comment on stories; sign up to newsletters; enter competitions and access content on our app.

Your email address

Must be at least 6 characters, include an upper and lower case character and a number

You must be at least 18 years old to create an account

* Required fields

Already have an account? SIGN IN

By clicking Create Account you confirm that your data has been entered correctly and you have read and agree to our Terms of use , Cookie policy and Privacy policy .

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged in