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CACI data analysed by Paragon Bank  showed that UK saving balances have reached record highs, despite the fixed rate market share continuing to shrink.

The average easy access non-ISA balance has increased 10% year-on-year, from £9,995 to £10,989, as the easy access market continues its upward trajectory. 

The balance of easy access accounts earning a rate of 0.1% or less has nearly tripled since January, with 56% of easy access balances now earning a low rate. 

The British public is more than twice as likely to feel anxious about their finances than they are to be content with them, leading to sleeping problems and distraction at work.