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Shane Todd and Dave Elliott reveal The Truth about Henri Hippo
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Young people are saving more (but still overspending on clothes and eating out) Comics Shane Todd and Dave Elliott on a shoot for their project with Ulster Bank 06 July, 2021 01:00
Ulster Bank s Terry Robb
YOUNG people in Northern Ireland are saving more for a rainy day - yet still feel they spend too much on eating out and buying clothes, according to the new research from Ulster Bank.
A poll of 1,000 people carried out for the bank by Cognisense about attitudes to budgeting and saving found that 63 per cent of people in the north see saving money than pre-pandemic.
And this is particularly true in the 18–24 and 25–34 age groups, with 79 per cent and 78 per cent respectively seeing it as more vital now than before Covid-19.
Business Journalist
We used to be a remarkably loyal lot in Ireland when it came to the bills and the banks.
Indeed, for long there wasn t much choice, so deciding to bail on your service provider wasn t really a consideration.
In more recent years, however, as competition has increased, we ve become more willing to switch providers of utilities, insurance and telecoms, and we ve even become more adept at switching mortgage providers.
According to research by the Banking and Payments Federation, up to one in six holders of mortgages - excluding trackers - have switched providers in recent years, significantly higher than the rate suggested in official figures.