Concern as savings rise.BRITISH households have rediscovered prudence, figures revealed yesterday. They showed a rise in savings and a fall in debt but sparked fears a consumer-led recovery in the economy would be muted mut·ed adj. 1. a. Muffled; indistinct: a muted voice. b. Mute or subdued; softened: muted colors. 2. at best. The proportion of Britain's national income that is saved jumped to 5.6 per cent in the second quarter, the highest since 1993. This is a sharp turnaround from the first quarter of 2008, when the savings ratio went negative for the first time. If it continues to rise - as households, fearful of redundancy Having a secondary peripheral, computer system or network device that takes over when the primary unit fails. See fault tolerant, mirroring, RAID, hot standby and backup types. 1. , put off spending - an early economic recovery could be derailed, say economists. |
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