Consumers have begun cutting back on subscriptions such as entertainment platforms and beauty and grooming kits, as the cost-of-living crisis starts to bite.
Figures from Barclaycard Payments show spending on monthly subscriptions fell 4.2 per cent between May and June as households tighten their belts.
While separate research shows concerns around rising costs have prompted seven in 10 adults to be more selective about the subscription services they use.
