In the last six months the majority of Scots have taken measures to address their indebtedness, according to new figures, but close to half are actually saving less.

A Lloyds TSB survey of more than 5,000 adults across the UK found that the current economic climate has forced many people to change their financial habits, with 57 per cent of Scots taking action to tackle debts and 33 per cent spending less.

However, 41 per cent of Scots are saving less than they were six months ago, a larger proportion than the 37 per cent average across the whole of Britain. Average family savings in Scotland were found to be just over £9,900 compared to £12,700 for the rest of the UK.

"Saving is a must for everyone. With economic conditions set to become more challenging, having the comfort of a savings nest-egg could be a lifeline for many Scots families during these difficult times," Mark Cockburn from Lloyds TSB Scotland said.

"But it is difficult to put money aside with rising bills and ever increasing household expenses. While everyone understands the good sense in saving, what consumers told us they need is more guidance and advice on how to save more when their finances are being squeezed.

"To tackle this, we are launching a nationwide programme to help get Britain saving, which is going to be packed full of advice on how to boost your savings balance and make saving a habit," he added.

Individuals in lower income groups and under the age of 25 were found to be the least likely to save regularly, with 74 per cent of under-25s not saving enough to secure their long-term financial security.