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Brits stay at home to save cash

03-Jul-2008
Story Timeline:  99 days

Cash-strapped Brits are spending more time at home as the credit crunch squeezes incomes, research has found. Research from Legal & General reveals 39 per cent are spending more time at home as they attmpt to save money, while one in four (26 per cent), have changed their holiday plans as a result of the credit crunch. Cutting back on luxuries around the house is also high on the list, with 38 per cent planning to go without Sky TV or fresh flowers. People of working age living on their own are the most likely to be going without luxuries, 46 per cent. Single parent households are affected the most, with over 90 per cent of single paren families making changes to their home life, compared to 82 per cent of households on averge. More single parent families are changing their plans to go on holiday, 35 per cent, compared to the... [read full story]                    

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