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The Independent UK
The Independent UK
National
Vicky Shaw

More than a third ‘have ditched at least one subscription as living costs rise’

PA Archive

The growth of the “subscription economy” has steadied as living costs squeeze household budgets and people return to pre-coronavirus pandemic routines, figures from a major payments provider have suggested.

More than a third (36%) of people say they have cancelled at least one subscription because their disposable income has fallen as interest rates and inflation climb, with 31% citing higher prices as a reason why, according to Barclaycard Payments.

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