News in numbers
London has fallen? 8.7%
INFLATION NATION
What the Offi ce of Budget Responsibility says UK infl ation could reach by the end of 2022 – the highest fi gure in 40 years.
(BBC) £0.05
The increase in cost of Greggs sausage rolls in January after infl ation started to bite. The popular baker’s CEO has also warned of similar price hikes before the end of the year.
(Daily Mail) £2,500
The average yearly income lost by the poorest 10% of Brits after infl ation, energy price rises and tweaks to national insurance. The richest 10% are expected to lose less than half that.
(The Economist) BANKING RIGHT? 45,310
The number of new customers HSBC bagged in Q4 2021, one of the fi gures that has made it the most popular high street bank since the start of the pandemic.
(Finder)
0.75% 93%
(ING) (Finder) £1.2bn
The interest rate recently set by the Bank of England – with a rise to 1% expected later in the year.
How much unsecured credit British consumers owe lenders. In comparison, the nation’s savings have slumped by nearly £7bn.
(The Guardian) 8%
The percentage of British people expected to use digital banking through 2022, bringing savings for consumers and fi nancial institutions alike.
The percentage of UK current accounts now held by digital challenger banks. Since 2018, the so-called Big Four retail banks have seen their share drop by 4%.
(Financial Conduct Authority)
FUTURE STORMS £58m
The amount lost in UK remote access tool scams in 2021, with offi cials now describing the banking fraud as a ‘national security threat’.
(Action Fraud)
Future Banking /
www.nsbanking.com
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