Cash-strapped Brits will be making cutbacks this Christmas, according to new research by The Co-operative Bank. Nearly three quarters of people (70 per cent) will be tightening their purse strings, with parties and nights out being the first area to face the chop.
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Apathy is keeping one in six people from switching their credit card to a better deal, as research from MoneySupermarket shows Brits have been with their current credit card provider for an average six years.