Millions of Britons Have Less Than £1,000 in Savings, Highlighting Nation's Savings Crisis

• More than 11 million Britons have less than £1,000 in savings, leaving them financially vulnerable • Half of these people are in the poorest third of households • UK has a £74 billion savings shortfall for emergencies and retirement compared to ideal levels • Lower income households more likely to use credit or loans to cope with expenses • Report calls for expanding auto-enrollment pensions to 12% to boost savings, with 2% in accessible "sidecar savings"