Over 1.2 million subscription payments have been stopped since summer 2021, as technology puts customers in further control of their spending, according to new data from Lloyds Bank. Popular TV, film and music streaming services made up almost half (47.1%) of regular payments cancelled, with households taking further stock of their discretionary spending, as the cost of living climbs. Marketplace subscriptions – where people buy or sell goods online – also got the chop, with 17.6% of cancellations, since June last year. Regular payments for weight management clubs and gym…
Read MoreOver a million subscriptions stopped by customers as households feel the squeeze
