Britons want safer banking
11/05/2010New figures show that people are so concerned about falling into debt caused by banks collapsing that the majority are more interested in safety, rather than return on their investment.
The figures from the Fair Investment Company (FIC) show that nearly two people out of every three (61 per cent) say that knowing their money is secure is more important than a good interest rate.
Indeed, the FIC's Nick Scarrett says that people are happy to stay put as the "few extra percentage points" they could gain elsewhere aren't worth the risk of financial problems.
He also points out that more people are spreading their money over a number of institutions in case one of them was to fail.
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