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Bank charges: Brits neglecting their families

People experiencing bank charges and having to work extra hours as a result may not be surprised to hear that many Brits are neglecting their family life.

Research by Scottish Widows has revealed that a fifth of adults do not prioritise their children or grandchildren as much as they would like to.

It also found that four in ten do not devote enough time to their parents and one in three would like time for their family and friends.

Iain McGowan, savings expert for Scottish Widows, said: "Families are continuing to feel the pressure and unfortunately for many, it's the relationships with their kids and partners that are taking most of the strain.

"It's understandable parents need to work hard to provide for their children's futures and ensure their jobs remains secure, particularly in such challenging economic conditions."

He added that Scottish Widows is urging people to make sure their long-term life priorities "do not stray too far out of balance".

John Fieldman

Having worked in the city for 19 years, John's main focus is interest rates and corporate finance.

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