• About
  • Privacy & Policy
  • Contact
  • Login and Register
  • Dashboard
TodayHeadline
  • HOME
  • NEWS
  • POLITICS
  • FINANCE
  • ENTERPRISE
  • TECHNOLOGY
  • HEALTH
  • ENTERTAINMENT
  • LIFESTYLE
  • TRAVEL
  • AUTOMOTIVE
    • SPORTS
  • LISTING
    • ALL LISITING
    • ADD NEW
    • LISTING CATEGORIES
    • LOGIN AND REGISTER
    • DASHBOARD
  • HOME
  • NEWS
  • POLITICS
  • FINANCE
  • ENTERPRISE
  • TECHNOLOGY
  • HEALTH
  • ENTERTAINMENT
  • LIFESTYLE
  • TRAVEL
  • AUTOMOTIVE
    • SPORTS
  • LISTING
    • ALL LISITING
    • ADD NEW
    • LISTING CATEGORIES
    • LOGIN AND REGISTER
    • DASHBOARD
No Result
View All Result
TodayHeadline
No Result
View All Result
Home Lifestyle

Brits undergo ‘financial MOTs’ – with Londoners cancelling the most direct debits

May 14, 2020
in Lifestyle
0
Brits undergo ‘financial MOTs’ – with Londoners cancelling the most direct debits
0
SHARES
12
VIEWS
Share on FacebookShare on Twitter



Londoners have cancelled more direct debits than any other British residents during the coronavirus pandemic.

A survey of 2,000 people showed that one in five people in the capital put a stop to their non-essential monthly payments amid Covid-19 chaos.

And 26% more of them are considering cutting back too.

Londoners are much more likely than anyone else to try and get out of a car lease – due to living in a city where you are never too far away from a supermarket.

Those in the south west have also been making changes to their payments.

Just over a third (35%) of people living there have binned their gym membership – or are thinking about it.

Read More
Related Articles
Read More
Related Articles

The survey showed that 13% of people in the east Midlands have put a pause on subscription services.

These include like Netflix, veg boxes and charity memberships.

Meanwhile, people in Scotland are most likely to have put a stop to their Spotify or other music streaming subscriptions.

The poll also found six in 10 Londoners plan on reinstating all direct debits they cancel during the lockdown period.

However, just 22% of east Midlanders and 36% of residents in the north east will do the same.

Research shows people in the north east cough up the most in direct debits each month.

On average, this is a whopping £350.63 per person.

In comparison, the figure in the east Midlands is almost £100 less – averaging at just £252.80 per person.

Craig Tillotson, CEO and co-founder of payments service Ordo, which commissioned the study, said: “The UK lockdown means many of us are having to take a much closer look at our personal finances.

“With growing uncertainty about their income, consumers want a tighter grip on money matters, and many are using this opportunity to undertake a much needed ‘Financial MOT’.

“We know people are starting to cut back on those discretionary items or services as a first port of call, before they review essential everyday expenditure or charitable causes close to their heart.

“This research shows that the economic consequences of Covid-19 are magnifying consumers’ existing need to be in control of their money.

“Direct Debits don’t really work for them any more.

“Now more than ever businesses need to be offering their customers new digital request for payment services, like Ordo, if they, like us, want to help everyone’s financial wellbeing.”

Read More
Related Articles
Read More
Related Articles

Average monthly direct debit outgoings by region

North East – £350.63

West Midlands – £313.08

South East – £300.60

East Anglia – £296.11

Yorkshire and the Humber – £291.01

Wales – £288.35

London – £287.51

North West – £284.17

Scotland – £277.71

South West – £268.34

East Midlands – £252.80





Source link

Previous Post

Fortnite update 12.60: When is the next Fortnite update? | Gaming | Entertainment

Next Post

U.S. immunologist warns of ‘darkest winter’ if virus rebounds

Next Post
U.S. immunologist warns of ‘darkest winter’ if virus rebounds

U.S. immunologist warns of 'darkest winter' if virus rebounds

  • Trending
  • Comments
  • Latest
Meet George Jetson? Orlando Unveils Plans for First Flying-Car Hub in U.S. – The New York Times

Meet George Jetson? Orlando Unveils Plans for First Flying-Car Hub in U.S. – The New York Times

November 12, 2020
Stunning porn star Mia Malkova strips off to unveil results of birthday boob job

Stunning porn star Mia Malkova strips off to unveil results of birthday boob job

August 18, 2020
Trisha Paytas Destroyed The Internet By Posting Her Toilet Paper Asshole

Trisha Paytas Destroyed The Internet By Posting Her Toilet Paper Asshole

October 6, 2020
Stunning surfer Ellie-Jean Coffey ‘strips nude’ on XXX-rated website to earn cash after leaving her cheating boyfriend

Stunning surfer Ellie-Jean Coffey ‘strips nude’ on XXX-rated website to earn cash after leaving her cheating boyfriend

September 21, 2020
China ‘using TikTok, Twitter and cyberattacks to target US election systems,’ says NSA Robert O’Brien

China ‘using TikTok, Twitter and cyberattacks to target US election systems,’ says NSA Robert O’Brien

3
PS4 update: Free PlayStation game upgrade is coming to PS5 | Gaming | Entertainment

PS4 update: Free PlayStation game upgrade is coming to PS5 | Gaming | Entertainment

2
SpaceX: We’ve launched 32,000 Linux computers into space for Starlink internet

SpaceX: We’ve launched 32,000 Linux computers into space for Starlink internet

2
PS5 pre-order latest is good news for PlayStation 5 fans waiting on price | Gaming | Entertainment

PS5 pre-order latest is good news for PlayStation 5 fans waiting on price | Gaming | Entertainment

2
HEALTH NOTES: Going grey? Blame it on your ethnicity

HEALTH NOTES: Going grey? Blame it on your ethnicity

January 24, 2021
Fitness babe flaunts amazing flexibility as she discusses big workout mistake

Fitness babe flaunts amazing flexibility as she discusses big workout mistake

January 24, 2021
Why Boris Johnson will ignore Elton John and break his Brexit promise to touring musicians

Why Boris Johnson will ignore Elton John and break his Brexit promise to touring musicians

January 24, 2021
MONTANARO EUROPEAN: Big returns from small firms

MONTANARO EUROPEAN: Big returns from small firms

January 24, 2021

Recent News

HEALTH NOTES: Going grey? Blame it on your ethnicity

HEALTH NOTES: Going grey? Blame it on your ethnicity

January 24, 2021
Fitness babe flaunts amazing flexibility as she discusses big workout mistake

Fitness babe flaunts amazing flexibility as she discusses big workout mistake

January 24, 2021
Why Boris Johnson will ignore Elton John and break his Brexit promise to touring musicians

Why Boris Johnson will ignore Elton John and break his Brexit promise to touring musicians

January 24, 2021
MONTANARO EUROPEAN: Big returns from small firms

MONTANARO EUROPEAN: Big returns from small firms

January 24, 2021

About Us

Todayheadline the independent news and topics discovery
A home-grown and independent news and topic aggregation . displays breaking news linking to news websites all around the world.

Follow Us

Latest News

HEALTH NOTES: Going grey? Blame it on your ethnicity

HEALTH NOTES: Going grey? Blame it on your ethnicity

January 24, 2021
Fitness babe flaunts amazing flexibility as she discusses big workout mistake

Fitness babe flaunts amazing flexibility as she discusses big workout mistake

January 24, 2021

Recent News

HEALTH NOTES: Going grey? Blame it on your ethnicity

HEALTH NOTES: Going grey? Blame it on your ethnicity

January 24, 2021
Fitness babe flaunts amazing flexibility as she discusses big workout mistake

Fitness babe flaunts amazing flexibility as she discusses big workout mistake

January 24, 2021
  • About
  • Privacy & Policy
  • Contact
  • Login and Register
  • Dashboard

© 2019 All rights are reserved Todayheadline

No Result
View All Result
  • About Us
  • Add Listing
  • All Categories
  • Cart
  • Checkout
  • Contact Us
  • Cookie policy (EU)
  • Dashboard
  • Home
  • Listing
  • Login or Register
  • My account
  • Privacy Policy
  • Shop
  • shops

© 2019 All rights are reserved Todayheadline