POUND NOTES

BRITS WOULD PAY MORE FOR BEER

KIND-HEARTED Brits are happy to pay 10% more for a pint to help the hospitality sector – with Londoners willing to fork out a whopping 22% extra for their beer.

A survey of 2,000 UK adults reveals almost four in

10 (37%) would spend more on food and drinks than they would at the start of the year.

Barclaycard Payments, surveyed consumers and hospitality workers on the impact the ‘new normal’ has had on their day-to-day life.

Overall, they are prepared to pay 11% more for a Sunday roast, and 10% more for a pint.

However, city dwellers in London will accept the highest increase per pint (22%), followed by those in the North East (15%).

GAMBLING BLOCK ON DEBIT CARDS

NATWEST has introduced a gambling block on debit cards to give customers further control over their spending. The feature is effective for debit cards when used both in person and online, and is the bank’s latest initiative to help tackle gambling harm.

During lockdown Natwest saw a decline in gambling transactions but as restrictions have eased it has seen more gambling-related spending.

David Lindberg, chief executive of retail banking at Natwest, said: “The introduction of a gambling block for debit card customers will help us to equip problem gamblers across the UK with more tools to support their recovery. Problem gambling and financial hardship go hand in hand.”

HOME IMPROVEMENTS

A STUDY of 2,000 homeowners found they bought their first home at an average age of 27, most likely a two-bed terraced property worth £113,000.

The average homeowner then settles down to start a family in a £169,000 three-bed semi before downsizing to a two-bed in their 50s.

The survey, by property website Slam Ai Club, also found that, as a child the average person lives in three different homes before renting accommodation at the age of 21. They will rent two properties before getting onto the property ladder.