Credit crunch alters eating habits of Brits

March 30, 2009 by admin  
Filed under News

A major credit card provider has recently carried out a study, and claims that the results of the research show that the global , which continues to take a hold in the UK, has had a dramatic effect on the eating habits of Brits.

The survey was carried out by Abbey credit cards, and the results suggest that many Brits have decided to dramatically cut back on dining out through the credit crunch, with some stopping this luxury altogether.

The results of the research indicated that more than half of Brits have cut back on eating out at restaurants and have reduced the number of times that they go to pubs and eat, and this is as a result of the tighter finances that most have had to struggle with since the onset of the global credit crunch. Around 44 percent of those surveyed by Abbey also said that they were cooking their own meals more and had really cut back on ordering takeaways or getting junk food such as kebabs.

An official from Abbey credit cards said: “The current economic climate means that people are looking to make cutbacks where they can to make their money go further.”

The results indicate that a growing number of people in the UK have decided that knocking expensive restaurant meals and regular pub meals and junk food is the way to go to try and save more money in the uncertain financial climate.

Another thing that has changed since the onset of the global credit crunch is the shopping habits of people in the UK. Over recent months many discount supermarkets have seen their customer numbers increase and profits rise, with the larger supermarket giants seeing a reduction in profits, and this is because many consumers are trying to save money by doing their shopping at cheaper discount stores.

Tags: credit crunch, uk, crunch, abbey credit cards, eating habits, eating out, official, british eating habits

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