Policyholdes admire the savings they've made.

Credit crunch, what credit crunch? An open vault containing £16m was unveiled to the public at Waterloo station this week.

The figure represents the amount of money aggregator Comparethemarket believes it has saved its customers on their motor insurance in the past year.

No doubt many would have been desperately grasping at the notes but it was a mirage, with world renowned street artist Kurt Wenner, behind the creation.

Comparethemarket’s Mark Vile said: “With everyone feeling the strain of the credit crunch we’re delighted to have been able to save our customers money on their car and home insurance policies.”