Nationwide has released new data showing that Brits aim to save an average of £7,535 in 2026, with younger savers targeting even higher amounts. The survey of 2,000 adults found that almost one-third (32%) plan to save more than last year, while 43% expect to save the same amount. However, 10% admitted they have no plans to save at all.
In 2025, savers earned an average of £436 in interest, potentially boosted by higher interest rates. But just over one in eight (13%) earned nothing, often because their money sat in current accounts offering little or no return.
Richard Stocker, Head of Savings at Nationwide, said: “It's encouraging that most people aim to save in 2026, with many planning to put away more next year. However, too many are missing out on interest by leaving money in current accounts.” He advised starting early, saving regularly, and using tools like Nationwide’s budget calculator, as well as taking advantage of the £175 bank account switching offer to kick-start savings.
