As many as 3.5 million savers have paid double the amount of tax on their savings in 2009 and 2010, figures from HM Revenue & Customs (HMRC) have revealed.
Nearly half of Brits have either stopped completely or reduced their saving in the past year, as the economic turmoil alters our priorities.
The volume of female savers across the UK is nearly a third higher than men, according to new research. However, the research also suggests that men save up to 40% more cash in total.
Whilst you might be trying to lose a few pounds around the waistline after a festive feast or two, why not try and add a few pounds to your wallet.
A new report suggests that Britain is a nation of secret savers as they hide a total of £4.6 billion from their partners.