Britons losing thousands a year because of these financial mistakes
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Britons losing thousands a year because of these financial mistakes
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"British adults cost themselves thousands of pounds on average across 2025 due to struggles with indecision, uncertainty or simply delaying making choices across money matters. One of the most notable and costly factors around this is leaving cash sitting in current accounts, which pay no interest, rather than moving it to an easy access savings account, which across much of 2025 were paying beyond 5 per cent."
The Independent deploys reporters to cover reproductive rights, climate change, and Big Tech, producing investigations and documentaries while emphasizing fact-based reporting. Donations fund continued on-the-ground journalism and enable reporting and analysis to remain freely accessible without paywalls, supported by those who can afford it. British adults lost thousands of pounds on average in 2025 due to indecision and delayed financial choices, notably leaving cash in non-interest current accounts instead of easy-access savings paying over 5 percent. CACI data analysed by Spring shows 6.5 million non-interest accounts held more than 10,000, costing around 9.75bn in lost interest, over 1,500 per account.
Read at www.independent.co.uk
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