Quarter of consumers more likely to visit branches amid struggles with surging energy, food and housing costs, finds KPMG survey

Cost of living pressures have increased the number of customers relying on bank branches to help manage their squeezed budgets, research shows.

While the Covid-19 pandemic accelerated the adoption of online-only banking, particularly during lockdowns, research from the accountancy firm KPMG showed a quarter of UK consumers were more likely to visit bank branches now that households were grappling with surging energy, food and housing costs.

Continue reading…

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Replace the state pension ‘triple lock’ with a new four-point ‘guarantee’, says the IFS

The state pension ‘triple lock’ should be replaced by a new four-pronged…

Time capsule 1989 Ferrari F40 set to sell for £1.3m with 1,112miles on the clock

Ferrari’s F40 is arguably one of the greatest poster cars of all…

Transgender swimmer Lia Thomas taking legal action against World Aquatics

Thomas has not raced since 2022 rule change by governing body Rules…