Britons eat food past ‘use by’ date and cancel insurance in sign of the times
In what is a clear sign of the times, reports indicate that as many as one third of all Britons are now regularly eating food which is past its ‘use by’ date and one in five are cancelling insurance policies in a bid to save money, reveals payday loan provider Cash Until Friday (http://www.cashuntilfriday.co.uk).
There are always clear signs to be found in statistics which reveal a snapshot of the state of the nation at any one time. New research demonstrates just how cash-strapped people are in the UK, further evidence of why more people are having to turn to sameday payday loans to get through to the end of the month and that long-awaited payday. A poll of more than 1,000 Britons by market research firm Lightspeed Research has found that a signficant 29 per cent of us are eating food which is beyond its ‘use by’ date on a regular basis, something most of us would try to avoid in general.
At the same time, 18 per cent of people in the UK have cancelled health, critical illness and home insurance in the past year, in another surprising move to save money which reveals how hard-up most of us are becoming in Britain. What we used to think of as essentials (only eating food which is within its use-by date, having a home insurance policy) are beginning to seem like luxuries we can no longer afford.
These research findings are published against a backdrop of wider, more worrying statistics. The Office for National Statistics has stated that the average disposable income fell to its lowest level in nine years in the first three months of this year, while economists are warning that household incomes are going to be squeezed for some time to come. Ralph Risk, European marketing director at Lightspeed Research, is quoted in The Telegraph: “We all know that people have been cutting back to save money, but it’s fascinating to see the lengths to which some people are going.”
If all this sounds familiar to you, and you too are making cutbacks you would never have previously considered simply to make ends meet, then consider the option of an instant payday loan. Find out more at http://www.cashuntilfriday.co.uk.
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