Skip to content
Search

Latest Stories

WINNER: Salim Janmohamed, Chairman, Karali Group

L-R

Lord Andrew Feldman, Chairman of the Conservative Party, Mr T Ramachandran, CEO and Managing Director of Bristol Labs, Salim Janmohamed, Ramniklal Solanki CBE and Kalpesh Solanki

More For You

Britons

Experts also suggest "leapfrogging" between streaming services rather than maintaining multiple subscriptions simultaneously

iStock

Britons could save £400 a year by cancelling unused subscriptions, research reveals

Highlights

  • 19 per cent of subscribers do not utilise every platform they pay for, with unused Netflix and gym apps draining bank accounts.
  • 31 per cent of Britons plan to review and cancel unused services following Christmas spending squeeze.
  • New consumer protections coming later this year will require companies to remind customers about active subscriptions.

British households could save up to £400 a year by cancelling forgotten subscription services, with families spending as much as £1,200 annually on unused streaming platforms, fitness apps and delivery memberships, according to new research.

A Nationwide survey has revealed that millions are paying for "zombie" subscriptions—neglected exercise apps or unwatched Netflix accounts—with recurring charges quietly draining money from bank accounts each month.

Keep ReadingShow less