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Unused lockdown subscriptions are costing households more than £200 a year

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lockdowns.Ofcom calculated that six million households signed up to a paid streaming service during the first lockdown when we were unable to shop, leave our homes, socialise or go to the cinemas.However, now that curbs on leisure activities have lifted do we still need those services that we are paying for?

According to comparethemarket.com, one in five households (21%) are paying for subscriptions they have forgotten about or no longer use and young bill payers are paying the most.

Nearly half of bill payers under the age of 25 (47%) have subscriptions that they don’t use, and these young people are squandering an average of £344 on these services each year.The typical household is spending a huge £265 a year on services they don’t.

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