Moneyfacts.co.uk will never contact you by phone to sell you any financial product. Any calls like this are not from Moneyfacts. Emails sent by Moneyfacts.co.uk will always be from firstname.lastname@example.org. Be Scamsmart.
Britons have been increasingly shopping around and making changes to their lifestyle to counteract the effects of the recession, it has been revealed.
In order to cut down on their spending, National Friendly says more than three quarters of the population have changed their shopping habits over the last 12 months, swapping organic food for ordinary and cashmere for cotton.
Home-cooked meals are also back in favour, with 69% of people surveyed reducing the amount of takeaways and meals out they consume.
Meanwhile, the downturn has also seen people increasingly comparing the cost of utilities and financial services to find the best deal.
Over a quarter (28%) of Brits said they had changed their insurance, utility or mortgage provider in the last 12 months to get a better deal, when previously they would just renew their policy with their existing supplier.
"The recession has made people more aware of the benefits of shopping around and not just taking the first option they see," said National Friendly Chief Executive Richard Sear.
"I think this is something that will continue, even after the recession is over. Companies will need to do even more to remain competitive, as we will be left with a nation of people who are no longer happy just to accept what they have always known."
Find the best products for you - compare Mortgages
Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time. Links to third parties on this page are paid for by the third party. You can find out more about the individual products by visiting their site. Moneyfacts.co.uk will receive a small payment if you use their services after you click through to their site. All information is subject to change without notice. Please check all terms before making any decisions. This information is intended solely to provide guidance and is not financial advice. Moneyfacts will not be liable for any loss arising from your use or reliance on this information. If you are in any doubt, Moneyfacts recommends you obtain independent financial advice.