The research showed 62% of people felt more capable of living within their means due to the economic slowdown, while over 56% out of the surveyed 2,000 individuals said they were confident about their domestic finances
Mark Arnold, head of savings and mortgages at Barclays, remarked: "Our latest rent and mortgage spending figures show that, despite the encouraging signs of falling inflation, we're not out of the woods yet."
A new ATM system that allows people to withdraw and deposit cash with various high street banks using one machine, could offer hope to millions of customers amid it's UK rollout
A new ATM initiative has been launched for cash withdrawals and deposits at ATMs. It sees the introduction of "super-ATMs" where people can use one machine to make deposits with multiple banks
The move is being trialled amid a swathe of bank branch closures up and down the country. The first machine is up and running in Atherstone in Warwickshire
Barclays, a high street bank, found May’s 1.0 per cent growth in overall spending is the smallest since February 2021, as Brits cut back on discretionary purchases due to rising household bills and wet weather.
An initiative where people can use a "super-ATM" to make deposits with multiple banks is being trialled amid a swathe of bank branch closures up and down the country.