Goldman Sachs Exchanges

Why Are Savings Rates Back in Focus in the UK?

04.30.2019 - By Goldman SachsPlay

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In the wake of the financial crisis, the low interest rate environment gave consumers little incentive to put their money into savings accounts. That's changing in the UK, says Goldman Sachs' Des McDaid, with savings rates "back on the agenda." In this episode, McDaid, who oversaw the launch of Marcus by Goldman Sachs in the UK, explains the factors driving the renewed demand for savings accounts and compares savings habits in the region to those around the world.

This podcast was recorded on March 5, 2019.

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