Millions of British consumers are having to scale back their spending in order to avoid falling into the red and being hit with bank charges as the recession continues to take its toll.According to new research by Santander Current Accounts, 40 million (80 per cent) adult Brits have reduced the amount they spend on day-to-day living.One in five now take a packed lunch to work, while a further one in ten have cancelled trips to the coffee shop.Over half (55 per cent) look around for the best deals on their supermarket groceries, the research also indicated."Forty million people are still feeling the pinch and trying to find ways of slashing their outgoings to cut back," said Helen Bierton, head of current accounts at Santander.She highlighted a growing 'make do and mend' culture, with more people searching on eBay and in charity shops for second hand cuts and scaling back on things such as pocket money for children.For free advice on how to make a PPI Claim – Payment Protection Insurance claim or a credit card charges claim then call Belmont Thornton on 0845 526 0000 or fill in the Quick Claim form to be sent a free PPI Claim pack or credit card charges claim pack.Jennifer HainesJennifer's speciality knowledge is credit card changes and balance transfers.
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